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-Toyota Motor Corporation plans to build new plant in Tianjin.

Auto Business News-June 20, 2012--Toyota Motor Corporation plans to build new plant in Tianjin(C)1994-2012 ENPublishing -

Auto Business News - 20 June 2012

Toyota Motor Corporation (NYSE: TM) (LSE: TYT)(TYO: 7203), a Japan-based automaker, is planning to construct a new plant in China's Tianjin.

The automaker is to compete with rivals from United States, Europe and South Korea.

The company already operates plants in Tianjin, Changchun, Chengdu and Guangzhou, in partnership with two Chinese companies, China FAW Group Corporation and Guangzhou Automobile Industry Group Company.

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Publication:Auto Business News (ABN)
Geographic Code:9CHIN
Date:Jun 20, 2012
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