Toyota’s R10.4bn Hilux bet comes with warning for government
Toyota is spending R10.4bn to produce the ninth-generation Hilux in South Africa, the largest single product investment in the history of Toyota South Africa…
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Summary
Toyota is spending R10.4bn to produce the ninth-generation Hilux in South Africa, the largest single product investment in the history of Toyota South Africa Motors (TSAM). In 2027 the range will be bolstered by 2.4 l turbo diesel variants. More than two-thirds of South Africa’s output from seven car manufacturers goes overseas, primarily to the EU and the UK which aim to greatly reduce sales of new internal combustion engine (ICE) vehicles from 2035 onwards.
Cross-referenced from 2 sources.
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Toyota is spending R10.4bn to produce the ninth-generation Hilux in South Africa, the largest single product investment in the history of Toyota South Africa Motors (TSAM).
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In 2027 the range will be bolstered by 2.4 l turbo diesel variants.
according to Business Day LiveMore than two-thirds of South Africa’s output from seven car manufacturers goes overseas, primarily to the EU and the UK which aim to greatly reduce sales of new internal combustion engine (ICE) vehicles from 2035 onwards.
according to Business Day Live
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