Toyota Motor Corp. says it will build a new ¥15 billion to ¥20 billion ($121 million-$161 million) diesel engine plant in Poland as part of a joint venture with Toyota Industries Corp. The Nihon Keizai Shimbun reports the 2L to 2.4L engines will be used in Toyota’s U.K.-built Avensis and Corolla sedans. Production will begin in 2005, with annual output set at 200,000 units. Toyota Industries currently produces the Avensis engine in Japan, but Toyota believes it can save money by ...

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