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 ...
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