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Toyota unveils new plant
May 21, 2012, Monday
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TOYOTA Motor Corp opened its seventh Chinese vehicle plant in Changchun, Jilin Province, this month to extend its presence in North China.
The Japanese carmaker's joint venture in China, Sichuan-FAW-Toyota, invested 4 billion yuan ((US$6.34 billion) in this project, which covers an area of 970,000 square meters. With an initial production capacity of 100,000 units each year, the plant will make Toyota's most well-received sedan Corolla.
The Japanese carmaker's joint venture in China, Sichuan-FAW-Toyota, invested 4 billion yuan ((US$6.34 billion) in this project, which covers an area of 970,000 square meters. With an initial production capacity of 100,000 units each year, the plant will make Toyota's most well-received sedan Corolla.
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