Shanghai (Gasgoo)- According to Guangzhou Automobile Group Co., Ltd. (GAC), the third vehicle plant of GAC Toyota Motor Co., Ltd (GAC Toyota) has already initiated the trial production. The group plans to put the new plant into production in January 2018. It is predicted that the third vehicle plant will produce C-HR, a TNGA-based all-new SUV.
At present, GAC Toyota has two production lines with total annual production capacity of 380,000 units. Specifically, the first production line is able to produce around 200,000 units per year, mainly making Camry, Levin, Yaris L, etc. The annual production capacity of the second plant is around 180,000 units.
The production capacity of the third plant is expected to reach 220,000 units per year. Once the new plant officially goes into operation, all of the three plants together will gain a production capacity of 600,000 units per year.
It is worth mentioning that the production line of the third vehicle plant has already gone into trial operation. The new plant is designed based on TNGA, involving as much as RMB 3 billion of investment. It will focus on small-size vehicle's production and position itself as a vehicle production line with the highest efficiency and the best quality in the world.
As GAC Toyota's plans, the production line of the third plant will firstly produce C-HR, an all-new model of small SUV, which will be officially released in 2018.
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