TOYOTA, Japan, March 27 Toyota Motor Corp
will start selling in 2015 the first vehicles built
under its parts-sharing and platform framework, the company said
on Wednesday, as rivals led by Volkswagen pursue
similar strategies to cut costs.
The framework, called the Toyota New Global Architecture
(TNGA), shares parts among vehicles using the same platform in
order to save costs and manpower.
Initially, vehicles will share 20-30 percent of parts, a
ratio Toyota wants to eventually expand to 70-80 percent,
Executive Vice President Mitsuhisa Kato said.
"Global competition among automakers is becoming more
severe, and TNGA is an effort to make more efficient and more
attractive products," he told reporters.
Volkswagen recently began implementing its MQB platform, and
almost all of the group's small and medium front-wheel-drive
family models, including the VW Golf, are being designed around
(Reporting by Yoko Kubota; editing by Miral Fahmy)