Toyota Motor Corp. is shifting its global pickup truck production base to Thailand, a move that will cost the auto maker upwards of 30 billion baht ($699 million) over the next two years. Toyota says the move will increase production of pickups and multi-purpose vehicles to about 200,000 annually by the middle of 2004, with half of the output earmarked for export. Toyota currently produces about 90,000 pickups for the Thai market and exports about 10,000. The new Thai production base ...
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