NAGOYA (Kyodo) -- Toyota Motor Corp. plans to build a new assembly plant in Indonesia to double its annual production capacity in the steadily growing market to 200,000 vehicles or above, company officials said Friday.
The top Japanese automaker will try to begin operations of the new plant in 2013 to be built near the existing Karawang plant in the suburbs of Jakarta, the officials said, adding the project will cost Toyota more than 25 billion yen.
With the envisioned plant, Toyota can increase its annual output capacity from the current 110,000 units to a level much higher than the previous target of 140,000 vehicles that the company unveiled in May, the officials said.
Toyota is likely to manufacture models based on the Etios budget subcompact, now sold in Indonesia, at the new plant, the officials hinted.
Toyota held a 38 percent share of Indonesia's automobile market in 2010, which totaled about 750,000 vehicles.