Toyota wants to buy components for its cars from South Korean companies

Article by Christian Andrei, on December 19, 2011

As demand dropped in Europe and elsewhere, Toyota Motor Corp’s output next year will be smaller than what it had told suppliers to expect initially, sources have told the Nikkei business daily. But then, Toyota will still be able to set a new record if it achieves this new target of 8.65 million units. This figure is a bit higher than its annual production record of 8.53 million vehicles established in 2007.

This would be around 20% higher than what the automaker expected this year. Last August, the company had told suppliers that they could anticipate a global output of as many as 8.9 million units in 2012. It’s believed that Toyota will finalize its production plans for 2012 and will inform major parts suppliers in the coming days.

For the existing year, Toyota expected to roll out 7.7 million vehicles but it will probably make just around 7 million because of the impact of the natural disasters in Japan and Thailand this year.

Nikkei report also stated that in the first half of next year, new plants in China will start production. New plants in Brazil will open in the second half in order to cope with the rising demand from Asia and South America.

The paper added that Toyota will soon release entry-level cars with price tags of about 1 million yen ($12,900), aimed to attract first-time buyers in emerging countries. These cars are expected to widen its market share in these markets from around 8% to 10%.

The all-new 2011 Toyota Corolla is being introduced at the 2010 Los Angeles Auto Show. A longtime top-seller in the American subcompact segment, the Corolla will now boast a renewed front and rear body design available in two additional new colours and a made-over interior. There will also be standard Smart Stop Technology and Toyota Care complimentary maintenance plan. The Corolla line has sold over 30 million units internationally since 1966, and has always been known for responsiveness, driving enjoyment, safety and value. Sales will start in December for the 2011 Corolla.

Toyota Star Safety System remains as a standard feature on the 2011 Corolla. This consists of Vehicle Stability Control (VSC), Traction Control (TRAC), Anti-lock Braking System (ABS), Electronic Brake-force Distribution (EBD) and Brake Assist, as well as the Smart Stop Technology brake-override system.

Efficient Performance

There are three models within the 2011 Toyota Corolla line: the base-model, LE, and S. All three are powered by a 1.8-liter DOHC four-cylinder engine with an output of 132hp at 6,000 rpm and torque of 128 lb-ft. at 4,400 rpm. Dual Variable Valve Timing with intelligence (VVT-i) regulates the intake and exhaust camshaft valves for fuel efficiency and optimum capability, while improvement of internal components minimise friction.

Base Corolla model, as well as the Corolla S, features either a five-speed manual transmission or four-speed automatic Electronically Controlled Transmission (ECT) connected to the 1.8-litre engine. The four-speed automatic transmission mentioned is standard on the LE model, and it uses a torque converter with flex lockup for more fuel economy and improved uphill/downhill shift control. The driver can also be more hands-on by manually shifting lever of the four-speed automatic to the left, or from "D" to "S" position, and then upshifting by pushing forward and downshifting backward. The selected gear is displayed on the indicator in the combination gauge.

Topics: toyota, south korea

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