Sunday, April 5, 2015

Toyota cautiously recovery plant construction – The World

After three years without major investment, Toyota raise with the construction of new plants caution. According to information of 3 April the Japanese business daily Nihon Keizai Shimbun, two sites will be built, one in Mexico, in the state of Guanajuato, already home to General Motors factories (GM ), Nissan or Volkswagen. From here out, from 2019, a new version of the Corolla sedan for the North American market. The choice of Mexico’s new to the Nagoya business that there has for now a small production site in Tacoma pick-up.

The other plant will be located in Guangzhou in southern China, where Toyota has been working since 2004 in partnership with the GAC local group. It will produce from 2018 Yaris models for local customers. The total cost is estimated at 150 billion yen (1.2 billion euros). Toyota’s production capacity will increase to 300,000 units.

“intentional Pause”

The decision ends a period described by the group’s president and heir of the founding family, Akio Toyoda, “intentional pause” . After the 2008 crisis, Toyota has faced massive recalls of vehicles from 2009-2010 and …

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