SAO PAULO – Toyota Motor Corp. announces plans to build a new factory in Sorocaba, Brazil, 56 miles (90 km) from Sao Paulo. The new facility will reduce pressure on Toyota do Brasil Ltda.’s existing Sumare plant and enable the auto maker to expand Corolla production. Brazilian buyers currently have to wait more than 90 days for certain Corolla models. The new facility is expected to employ 2,500 workers and begin operations in 2011. Toyota purchased land for the new factory along the ...

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