Toyota Motor Europe plans to invest £240 million in its Toyota Manufacturing UK (TMUK) car plant in Burnaston, Derbyshire (UK). This investment will improve plant competitiveness and additionally it will promote UK supply chain efficiencies.
Starting this year, the Burnaston facility will be progressively upgraded with new equipment, technologies and systems. This will enable production of vehicles on the Toyota New Global Architecture (TNGA) platform.
Announcing the investment, Dr Johan van Zyl, President and CEO of Toyota Motor Europe, said: "We are very focused on securing the global competitiveness of our European plants. The roll-out of TNGA manufacturing capability is part of this plan. This upgrade of TMUK is a sign of confidence in our employees and suppliers and their focus on superior quality and greater efficiency. We welcome the UK Government funding contribution for this activity."
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