Toyota Motor Philippines Corporation has begun rolling out the Next
Generation Tamaraw from its automotive assembly plant in Santa Rosa,
Laguna.
The Next Generation Tamaraw is based on Toyota's new International
Multi-purpose Vehicle 0 (IMV 0) platform for the Asian market.
Speaking at the ceremonial roll-out, TMP Chairman Alfred Ty said the Next
Generation Tamaraw is the third locally produced model, joining the Vios
and Innova, assembled at the company's facility in Santa Rosa, Laguna.
The Next Generation Tamaraw represents a significant investment of P5.5
billion pesos to build the capacity to produce about 22,000 units annually
while also establishing a state-of-the-art 1.5-hectare TMP Conversion
Factory.
TMP aims to sell around 1,500 to 1,800 of the Next Generation Tamaraw per
month.
The newly constructed TMP Conversion Factory can convert the vehicle into
three Tamaraw body styles - dropside, utility van and aluminum van - with
gas and diesel engine options.
The new Tamaraw features advanced technology to ensure safety, quality,
cost efficiency and environmental sustainability.
TMP is also exploring the possibility of exporting the Next Generation
Tamaraw.