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UMW TOYOTA MOTOR TARGETS 12 PCT OF OVERALL MPV MARKET.

Asia Africa Intelligence Wire

| May 24, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Bernama The Malaysian National News Agency)

SHAH ALAM, May 24 (Bernama) -- UMW Toyota Motor Sdn Bhd, the local distributor of Toyota vehicles, targets to capture 12 percent of Malaysia's overall multi-purpose vehicle (MPV) market this year with its new Toyota Innova.

Speaking at the media launch of the model here today, its managing director David Chen said the company aimed to sell 8,100 units of the MPV this year.

"With this new Toyota Innova, we are confident of maintaining our market leadership in this segment. Our optimism is boosted by the successful introduction of Toyota Innova in the other Asean countries," he said.

The …

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