Motor Vehicles and Parts News
- Guangdong News
Date: 7-Jun-2007 Sources: (Shenzhen Daily)
TOYOTA Motor Corp., Japan's largest automaker, began building a second plant in Guangzhou yesterday to meet rising demand in the world's second-largest vehicle market.
The new plant will make Camry sedans and Yaris compacts, Liang Jing, an official in the management department of Toyota's venture, said. The factory will take more than a year to build, she added. Work on the factory, Toyota's seventh in China, follows the opening of its third plant in the northern city of Tianjin last month. Guangzhou Toyota Motor Co., Toyota's venture with Guangzhou Automobile Group Co., started making cars last year with a designed annual production capacity of 200,000.
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