The world’s most favored car manufacturing company, Toyota is always keen on expanding in the globe’s auto market. A slew of cars from the house of Toyota are bestselling models in the world’s auto markets. Toyota is also the pioneer of the hybrid cars, and the Prius Hybrid is the iconic hybrid car that is the most popular among the international car consumers. The Japanese car major is investing massively on several things including the expansion and advancement of several green technologies. Moreover, the car giant is also working full swing to churn out the Fuel Cell vehicle as well as a slew of new and refreshed hybrid models by 2015.
In an official statement to the media, the Japanese car manufacturer has revealed that the company is going to invest in order to expand in the nation of Egypt.
Toyota as reportedly made its decision clear about its continued investment in the country of Egypt, despite the instable political conditions. The company will invest in order to expand in the car market of Egypt.
In the written statement that was sent by Toyota Motors’ Egyptian wing revealed that the company is going to be consistent in its commitment to the auto market of Egypt. The statement said that Toyota Egypt is fully committed and will continue to be firmly committed to the Egyptian car market, where the company has been very successfully operating for over 30 years. The statement further said that even during the time when the nation went through the roughest of political instability as well as security turmoil, the company did not even consider the option of withdrawal from the market, as the company has been able to get a very god track record in the country and has also invested massively in Egypt.
Toyota further said that the company’s commitment for the huge investment in Egypt is based on the company’s belief in the potential of the Egyptian car market, and Toyota is going to continue in its belief. Toyota Motors has been investing heavily in the car market of Egypt over the past two years’ time, and this is a reason enough to support the decision of the company to continue its operations in the Egyptian auto market. Toyota has also proven its commitment to the market by expansion of the company’s extensive network of dealerships as well as service outlets in the country.
The statement further added that Toyota Motors wishes to expand all over the globe including Egypt. Thus, it is expected that the company will increasingly investing in the Egyptian in the future in order to fulfill its global growth plans.
At a time when several companies are withdrawing from the turmoil stricken Egypt, Toyota is confirming its confidence in the nation even during the current dark period. This written statement from Toyota negates the reports that were published in one of the news journals of Turkey suggesting that Toyota is planning to pull out of Egypt.
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