Toyota marks its 39th anniversary in Malaysia by announcing it is spending 1billion Malaysian ringgit ($326 million) to expand operations, including further development of its manufacturing facility. UMW Toyota was established in 1982 as a joint venture between UMW Corp. and Toyota. UMW Toyota Chairman Asmat Kamaludin says the auto maker also will increase its dealer network and develop and support its local suppliers so they can become more competitive in the region. “Our ...

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