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Toyota Motors Philippines Inc. (TMPI) announced on Monday that the company will start production of passenger AUVs in its Batangas plant on July. The move is the first phase of the company to enter on production of public utility vehicles.
Toyota Philippines finance manager Yukihedi Sato said the company is expected to produce 360 units in the first month, and 560 units per month starting August.
The plan includes 10-seater AUVs with 3L Toyota diesel engines – the same engines used in Hi Ace Grandia vans.
Sato said the suggested dealer price will range from 760,000 pesos to 820,000 pesos for low-end AUVs, while 920,000 pesos for high-end vehicles.
Toyota is the first company to produce passenger vehicles as part of the government’s plan to phase-out old jeepneys.
The AUVs will be used in Visayas and Mindanao where jeepneys are not used anymore.
The company also said it will start production of jeepneys for Luzon next year after their new manufacturing plant in Laguna is finished on February 2018.
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