Toyota Plans To Build New Plant

Changchun City in China’s Jilin province may soon be the home of another Toyota Motor Corporation facility. News reports state that the company is still working on the plans and if this pushes through, the plant would be the second Toyota facility in that province.

Toyota has been looking at the possibility of building a new facility so it can produce more units of its Toyota Prius hybrid. The company currently has a small plant which is in-charge of producing the mentioned model. Toyota is looking at an estimated 100,000 units as the capacity of the new plant.

The reports also continued that the new facility in Changchun would cost the company $468 million. That investment would allow the company to build a plant which would have the capacity to produce 100,000 units each year starting 2010.

However, a spokesperson from Toyota has denied that they are working on such a plan.

Posted by Rowan Pierce in Auto News, Toyota |


This entry was posted on Wednesday, March 12th, 2008 at 4:37 pm and is filed under Auto News, Toyota. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.


Leave a Reply