Toyota Motor considers and partners to produce Prado in Russia

Japanese automaker Toyota Corp. is considering partnering with Japanese Mitsui Group and Russian automaker Sollers in the Vladivostok factory in the Far East to expand Toyota’s capacity in Russia.

It is reported that after the successful cooperation of the three companies, only one car will be introduced in the early stage, and the model is likely to be Prado. Taking into account the terrain and climate conditions of Russia, this model will be the right choice, and Sollers's factory in Vladivostok is expected to become a production base.

Land Cruiser Prado

The three companies said that at the early stage, they will jointly invest millions of dollars to improve the production conditions of the Sollers factory. The new Toyota Motor is mainly for the Russian market, and it is estimated that the annual output will not exceed 30,000 vehicles. The Siberian Railway will be the main transportation route for the car to be sold in some European markets in Russia.

At present, the distribution of the shares of the three companies has not yet reached a conclusion. According to the Nikkei BP news report, Toyota believes that the Russian Far East region’s government projects and economic stimulus plans are more favorable. Therefore, it is very optimistic about the development prospects in the region.

Toyota's existing production facilities near St. Petersburg mainly assemble the Camry sedan with an annual output of 20,000 vehicles.