Toyota PH has sold 2 million vehicles since 1988

MANILA: Toyota Motor Philippines Corporation (TMP) has sold more than two million units in the country since it started operations in 1988.

This milestone comes follows TMP's 20th consecutive year of the "Triple Crown" achievement, in which it maintained leadership in passenger car, commercial vehicle, and overall sales in 2021, the company's announcement added. 

By the end of last year, TMP's market share reached 46.3% — the highest market share in TMP's history and the ASEAN region, the firm continued. 

"Surpassing the two-million mark would not be possible without the support of our loyal Toyota and Lexus customers, the commitment of our 73-strong Toyota dealer network, and of course the sense of ownership that every TMP team member has to our goal and responsibility of providing mobility for all," TMP President Atsuhiro Okamoto expressed in a release. 

"Thank you for making Philippines a Toyota country," he added. 

 

TMP boasted that it is today one of the key manufacturers and distributors of Toyota in the Asia Pacific region. 

Based in Sta. Rosa City, Laguna, TMP operates the largest car manufacturing and assembly plant in the country to produce the best-selling Vios and Innova models.

TMP’s operations contribute to the advancement of automotive manufacturing in the country, and provide livelihood to over 60,000 employees in the entire value chain.

It has also played a role as a a strong pillar of the economy, with the Toyota group having invested a cumulative amount of P67 billion, and achieving export sales of US$16.3 billion as of 2020.

TMP said it has also been consistently recognized for its cumulative duties and taxes paid (P426 billion as of 2021), and for its programs to give back to the community.

Since the start of its operations, TMP’s manufacturing plant has rolled out over 958,000 units, producing some of the most iconic cars on the road including the Crown, Corolla, Lite Ace, and Tamaraw.

Today, TMP’s local manufacturing operations remain strong, selling over 35,000 Vios units, the most of any Passenger Car (PC), and more than 13,000 Innova units last year.

Photos from Toyota Motor Philippines (TMP) 

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