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Toyota takes full ownership of ex-JV Czech plant

Former Toyota Peugeot Citroën Automobile (TPCA) has been renamed Toyota Motor Manufacturing Czech Republic (TMMCZ). The Kolin plant has built the Toyota Aygo, Peugeot 108 and Citroën C1 A-segment city cars since 2005. TMMCZ will continue production of the vehicles for both Toyota and PSA. The site is one of the largest exporters in the Czech Republic and is the largest employer in the local area, employing more than 3,500 people. It has influenced development in the Kolin region in the past 15 years, creating jobs and supporting good causes. Toyota says it has invested more than four billion Czech crowns (approx. GBP137 million) in increasing capacity and modernising the site. This investment has enabled the introduction of Toyota New Global Architecture (TNGA) manufacturing, allowing the plant to start producing the new Toyota Yaris – including hybrid electric technology – in the second half of 2021.

Toyota takes full ownership of JV plant with PSA in the Czech Republic

Toyota takes full ownership of JV plant with PSA in the Czech Republic The Kolin plant has built the Toyota Aygo, Peugeot 108 and Citroën C1 A-segment city cars since 2005. TMMCZ will continue production of the vehicles for both Toyota and PSA. Toyota Motor Europe (TME) has taken full ownership of the TPCA joint venture manufacturing plant, founded in 2002 by Toyota and Groupe PSA (PSA) in Kolin in the Czech Republic. Its new name, Toyota Motor Manufacturing Czech Republic, was unveiled today at an opening ceremony attended by Koreatsu Aoki, the plant President, Martin Peleska, director of Toyota Czech Republic and Michael Kaspar, Mayor of Kolín. A new company logo was also introduced and, following the abbreviation example of other European Toyota plants, the business will be known as TMMCZ.

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