Toyota Motor Corp. says it is investing $200 million in its Buenos Aires, Argentina, assembly plant to triple output to 60,000 units a year by 2005. The investment comes at a time when the Argentinean economy is still mired in recession. Toyota says it wants to take advantage of the country’s inexpensive labor and plans to export about 45,000 units to Central and South American countries. Toyota spokesman Daniel Afrione tells Reuters, “The quality of labor in Argentina is excellent and ...

Premium Content (PAID Subscription Required)

"Toyota Investing $200 Million in Argentina" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:

  All of WardsAuto's reliable, in-depth industry reporting and analysis
  Hundreds of downloadable data tables including:
  •   Global sales and production data by country
  •   U.S. model-line inventory data
  •   Engine and equipment installation rates
  •   WardsAuto's North America Plant by Platform forecast
  •   Product Cycle chart
  •   Interrelationships among major OEMs
  •   Medium- and heavy-duty truck volumes
   •  Historical data and much more!


For WardsAuto.com pricing and subscription information please contact
Amber McLincha by email: amclincha@wardsauto.com or phone: (248) 799-2622
 

Current subscribers, please login or CLICK for support information.