Toyota Capital, The Only Forklift Truck Leasing Company Included In The Book Mexico Automotive Review 2015 Presented At The Mexico Automotive Summit

- The financial arm of Toyota Material Handling North America, Toyota Capital will be attending the main event of the automotive sector in Mexico

- At the end of August, the captive leasing company led in Mexico by Eduardo Vega, maintains steady growth

- The growth of the automotive, direct and indirect suppliers, logistics and aftermarket industries require financial services suppliers for strategic material handling equipment, such as forklifts for their daily operations

Mexico City, September 22nd, 2015. Among the market leaders in Mexico, and as a captive financial services company specializing in leasing of lift truck fleets for the automotive industry, among other sectors, Toyota Material Handling Capital (“Toyota Capital”) will be present at the Mexico Automotive Summit 2015, to be held on September 24th in Mexico City.

The continued expansion of the automotive (light and heavy vehicles), direct and indirect suppliers, logistics and aftermarket industries in Mexico, require new ways to renovate their lift truck fleet, including through leasing strategies. The use of forklift trucks, both electric and internal combustion, improves the efficiency of the entire value chain of material handling, from small and medium enterprises that manufacture specific automotive parts, to large global corporations and OEMs who have settled in our country.

"We are located in a strategic location to serve OEM’s assemblers of light vehicles and heavy vehicles and their supply value chain of the sector in the Bajio region and across the country. After selecting the adequate Toyota or Raymond lift truck fleet; Toyota Capital finances your fleet through an operating lease and / or capital lease, which impacts the efficiency of use of financial resources in the automotive sector companies, "said Eduardo Vega, Managing Director of Toyota Capital.

Toyota Capital offers operating leases and capital leases for Toyota and Raymond brands of all sizes and capabilities required for over 70 different manufacturing, retail and logistics sectors in Mexico. Since its inception, for over two years the company has focused on leasing of Toyota and Raymond brands; the two leading lift truck brands in the world market for its quality and performance. Both brands are part of the portfolio of products of Toyota Industries Corporation (TICO).

By the end of August 2015, Toyota Capital maintains consistent growth in the financing portfolio and leasing of units.

“We are excited to participate in this summit which will bring together over 350 automotive industry leaders, a sector that is adding credibility and prestige to the Mexican economy, which now stands on par with any other country in terms of vehicle manufacturing” says Eduardo Vega.

Toyota Capital customers in Mexico from the automotive sector, are leading companies OEM’s assemblers of light and heavy vehicles, as well as direct and indirect suppliers, aftermarket and the auto parts logistics sector. In a demanding and quality based sector, such as the automotive industry, where decisions on the use of financial resources make the difference between good results and an extraordinary ones. Leasing a lift truck fleet can act as a differentiator within the industry value chain.

"A decisive factor for a company in deciding whether to lease or buy an asset is the availability of capital. Leasing is useful in maximizing the benefits of cash and maintaining liquidity and solvency. In the case of the global automotive industry, the actors in the value chain have established as a best practice, the leasing of its lift truck fleet. Toyota Capital offers a decisive advantage in that banks traditionally do not engage in operating leases. Additionally Toyota Capital offers in depth knowledge of financial services specialized in material handling equipment. Another reason to consider an operating lease is to eliminate the problem of selling a used lift truck when it is time to replace it with a new one and/or switch to a different capability lift, if the conditions of their material handling requirements change" Eduardo Vega comments.

Toyota Capital is the only captive leasing company specialized in material handling equipment and serving the automotive industry that will be featured in the upcoming edition of the book "Mexico Automotive Review 2015".

About Toyota Material Handling Capital (Toyota Capital) About Toyota Material Handling Capital (Toyota Capital) Toyota Capital is a non-bank bank offering leasing and financial services for TMHNA material handling equipment brands Raymond, BT, and Toyota in Mexico and Latin America. Toyota Capital supports the sale of material handling equipment by becoming a single source financing solution for the end users of the Toyota, BT, and Raymond distributor and dealer networks in Mexico and LatAm. Toyota Capital offers leasing and financial solutions for material handling, logistics and supply chain equipment.

About Toyota Material Handling North America (TMHNA) About Toyota Material Handling North America (TMHNA) TMHNA is comprised of Toyota Industrial Equipment Mfg., Inc. (TIEM), the Columbus, Ind.-based lift truck manufacturing plant; Toyota Material Handling, U.S.A., Inc., (TMHU), North America’s number one supplier of lift trucks; and The Raymond Corporation, the North American market leader in electric warehouse trucks.