Toyota Motor Corp. has begun building its second manufacturing plant in China to produce its Crown luxury model, its Chinese joint venture partner, Tianjin Automotive Xiali Co. Ltd., says. Toyota wouldn’t comment on the report, but a Xiali official tells Reuters the new plant is the second phase of construction at the two auto makers’ 50/50 JV operation in Tianjin, northern China. A local Chinese news report pegged output at the second plant at 50,000 units annually and investment at ...
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