Toyota has scheduled for 100,000 of the new engines to be produced at the factory and hopes the regime will be in full swing by 2012. No specification-related details of the new engine have been released but Toyota says the engine will produce less carbon emissions and provide further fuel economy over the current offering.
Max Yasuda, Toyota Australia president and CEO, said in a very recent report,
"Securing the investment to produce the next generation engine is a huge vote of confidence for our local manufacturing plant and our employees, who have worked tirelessly to improve operational performance to demonstrate our ability to compete with Asia Pacific counterparts."
He also mentioned the support from the Australian government and how important such support is in the direction of providing further engine efficiency. Mr Yasuda added,
"The support provided by the Federal Government's Green Car Innovation Fund and the Victorian Government was a major factor in this project proceeding. A partnership between local car makers, the government and suppliers is fundamental for ensuring we evolve our industry to deal with the challenges of a carbon constrained world."
The Altona plant with its 320 employees not only makes cars for our local market but also provides for overseas markets. So far in 2010, 63,345 cars have been built at the plant which were then exported to over 20 countries around the world.