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Toyota unveils new plant
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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