Traditional Culture Encyclopedia - Hotel accommodation - Why are Toyota cars produced in Oman?

Why are Toyota cars produced in Oman?

Low cost. Toyota Motor Corporation is a Japanese multinational automobile manufacturer listed on Tokyo Stock Exchange, Nagoya Stock Exchange, new york Stock Exchange and London Stock Exchange. Toyota cars are produced in Oman because its production cost is low, and because Oman is close to the production place of vehicle parts and components, its transportation cost is low. In March, 2022, Toyota Motor suspended production in all Japanese factories on March 1 day, involving 28 production lines.