Commemorative ceremony marks the completion of Toyota R&D base, uniting headquarters to increase competitiveness. Chairman Akio Toyoda said, ''I believe that making cars is all about driving on the road, breaking things down, and fixing them over and over again'' Toyota has invested approximately 300 billion yen to develop a new research and development base on a 650-hectare site in the mountains.
Approximately 3,000 people are expected to work at this site, and the company aims to take advantage of its proximity to company's headquarters.