Toyota’s car factory in Prospection, Durban, is officially up and running again four months after being closed due to flooding.
It has been a clean-up and repair operation of a massive scale and the cost of the damage and lost production has run into tens of billions of rand. Toyota lost production of around 68,000 vehicles and had to scrap about 4,000 already built units that were too badly damaged. The latter cost R1.6bn at an average price of R400,000 a vehicle.
About 50% of the Prospecton plant’s production is exported to 74 countries, including all of Western Europe, the rest of Sub-Saharan Africa and Central America. The first post-flood export shipment to Europe took place on August 12.
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