"TME has invested EUR 17 million in the construction of the logistics centre, which is the largest in Toyota's European plants", i.e. approximately CZK 429 million according to the current calculation, said Robert Kiml, president of Toyota Motor Manufacturing Czech Republic, at the opening ceremony. The Kolín mega-hub will employ 50 to 60 people and will serve Germany, Austria, Slovakia, Hungary, Poland, and the Czech Republic as Kolín is connected to several European factories by rail.

The Kolín plant now produces two models of internal combustion engine cars, the Aygo X and the Yaris, the latter also in a hybrid version. Toyota management will decide whether Kolín will also start producing electric vehicles at the end of this year or early next year. According to Kiml, the Kolín plant is on a shortlist of European plants.

The Kolín car plant has produced 191,206 cars by the end of October this year, up about 25 percent year-on-year. Almost half of the production was made up of Yaris HV hybrids. However, last year's production was significantly affected by unplanned shutdowns due to shortages of certain parts. There have been no significant shutdowns in this year's production so far.

Source: ČTK
Prepared by CzechTrade London team