Shah Alam, 14 Jul 2010 - UMW Toyota Motor Sdn. Bhd. (UMW Toyota Motor), the distributor of Toyota vehicles in Malaysia announced today that its Principal, Toyota Motor Corporation, Japan has decided to locally produce Toyota Camry at the Assembly Services Sdn. Bhd. (ASSB) in Shah Alam.
The company also said it would be investing an initial amount of about RM100 million to start the local production at its manufacturing plant in Shah Alam. The local production will start in 2 years time, with a volume of more than 10,000 units per year.
This project reflects UMW Toyota Motor and Toyota Motor Corporation support to the Malaysian National Automotive Policy (NAP) to promote localization. It is hoped that the project will benefit local vendor and contribute to the Malaysian auto industry in the future.