MANILA, Philippines - Philippine Toyota Motor Company (TMPC) will begin production next month in the Toyota Vios, with facilities in Santa Rosa Manila country, the official said. Companies spend P1 billion to prepare the plant for assembly of complete knocked down by bus set, TMPC president Hiroshi Ito said. Ito that the plant is in final stages of preparation, he has been expected to be completed this month. "We plan to start collecting the Vios monthly volume of less than one thousand units" Ito said, "Santa Rosa peak volumes can be opened 1,500 units monthly." Ito added that the manufacturing activity in the remaining five months of the year leading up to Sta. Rosa plant production from 14,000 units Toyota Altis Innova minivans and passenger cars in 2006 to 18,000 units by the end of this year, including expected sales Toyota Vios. Also, the official said TMPC expected that the new Toyota Vios launch on Thursday, selling about 1,200 units monthly. TMPC that Toyota Vios, known for fuel efficiency and engine performance has received numerous awards including best subcompact sedan car awards from various local groups and in 2006 the Department of Energy (Doe) fuel economy Run. The new Toyota Vios will be available by the end of August, is expected to sell close to one billion units monthly. Five variants of a new car - 1.5G-Movies automatically sent to sales for the P811, 000; 1.5G automatic and manual submit P765, 000 and P730, 000; 1.3E manual sent P649, 000, and the 1.3J manual. Send P575, 000. TMPC vice president Rommel Gutierrez meanwhile that the Board of Investments approved last week for the company and other tax incentive for investments associated with the operation of the Toyota Vios. Gutierrez, a project that is not the pioneer status, which means that companies can benefit their own tax holidays for up to four years as well as non-dutiable imports of capital goods.
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