TIANJIN — Construction begins in Tianjin on a new plant that will house Toyota Motor Corp.'s small-car joint venture here (see FOCUS ON CHINA — July '00, p.3). The move follows China's approval of a plan for Toyota to build 1.3L passenger cars through a JV with Tianjin Automobile Xiali Corp., named Tianjin Toyota Motor Co. Ltd. The 50-50 venture will begin building Toyota-badged vehicles at the plant in 2002. The carmaker plans to build 30,000 vehicles annually of a small car based on ...
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