Daihatsu plans $132 mln Indonesia investment - paper

Newswire

JAKARTA, May 1 (Reuters) - Toyota Motor Corp.'s minivehicle unit Daihatsu Motor Co. plans to invest 1.2 trillion rupiah ($132.1 million) in Indonesia to boost its annual capacity to 150,000 units, a local newspaper reported on Tuesday. The expansion is part of a plan to double capacity at PT Astra Daihatsu Motor, the carmaker's local distributor, to 270,000 vehicles a year by 2010. Bisnis Indonesia quoted Astra Daihatsu President Director Hideku Nomura as saying the capacity increase was ...

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