Toyota distribution in RI

Toyota distribution in RI

NAGOYA (Kyodo): Toyota Tsusho Corp., a midsize trading house of the Toyota group, said it will jointly establish an auto parts distribution company in Indonesia in early February with Okamoto Freighters Ltd.

The new company, called PT Toyota Tsusho Logistic Center, will start operation in June, with the aim of scoring US$700,000 sales in the initial fiscal year, Toyota Tsusho officials said last week.

The distribution company will help Toyota Motor Corp. strengthen its auto part procurement in Southeast Asia.

Tokyo-based Okamoto Freighters is an affiliate of Hino Motors Ltd., Japan's major truck manufacturer.

The new company will be in charge of customs clearance procedure as well as the collecting, delivering and packing of auto parts produced by local manufacturers related to Toyota's group companies like Nippondenso Co., they said.