Toyota to build new plants in China, Mexico: media
Tokyo (AFP) April 3, 2015 - Japanese auto giant Toyota plans to invest a combined $1.3 billion to build new plants in China and Mexico, its first major investment in five years, reports said Friday. The cash is aimed at boosting its production capacity by some 300,000 units a year in a bid to better compete with global rivals, the Nikkei business daily said. The world's largest automaker expects to spend about 150 ... more
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