Ramaphosa: Toyota's Major R10bn Hilux Investment Can Empower SMEs

Ramaphosa: Toyota's major R10bn Hilux investment can empower SMEs

The line-off of the ninth-generation Toyota Hilux at the company's Prospecton plant in Durban is underpinned by a major R10.4bn investment from Toyota South Africa Motors (TSAM).

Inside Toyota’s R10.4bn South African investment as next-gen Hilux production begins

Toyota South Africa Motors has commenced production of the ninth-generation Hilux at its Prospecton plant, backed by a groundbreaking R10.4 billion investment aimed at enhancing local manufacturing and creating jobs .

Toyota bets R10.4bn on SA with biggest-ever Hilux investment

Toyota South Africa Motors CEO Andrew Kirby has reiterated his call for clear government policy to encourage local manufacture of hybrid and electric cars

South Africa: President Hails Toyota's R10. 4bn Hilux Investment

[SAnews.gov.za] President Cyril Ramaphosa has hailed Toyota South Africa Motors' R10.4 billion investment in the production of the ninth-generation Hilux as a strong vote of confidence in the country's economy, saying it demonstrates South Africa's ability to convert investment commitments into jobs, industrial growth, and exports.

Toyota's R10.4 billion investment brings new Hilux production to Durban

Toyota South Africa Motors’ manufacturing plant in Prospecton, Durban, is celebrating the start of the local production of a new Hilux model. Toyota has put R10.4 billion into the plant to tool it for the new model. The Presidency says the investment is expected to strengthen South Africa’s manufacturing capacity, improve export competitiveness and support job creation. President Cyril Ramaphosa was due to attend the Line-Off Ceremony, along wit…

Toyota South Africa Motors marks historic R10.4 billion investment with ninth-generation Hilux line-off ceremony - SME Tech Guru

Toyota South Africa Motors (TSAM) today marked a major milestone in South Africa’s industrial and manufacturing journey with the ceremonial line-off of the ninth-generation Hilux at its Prospecton manufacturing plant in Durban. Held under the theme “Strengthening Roots, Accelerating the Future,” the event was supported by President Cyril Ramaphosa, Minister of Trade, Industry and Competition Parks Tau, Fumio Shimizu, Ambassador of Japan to South…