DETROIT -- Toyota Motor Corp. and PSA Peugeot Citroen announce plans to build a E1.5 billion ($1.35 billion) assembly plant in the Czech Republic that will create 3,000 jobs and assemble 300,000 small cars annually. Reports say it is the largest single greenfield investment for the Czech Republic, which beat out Poland and Hungry for the assembly plant. Volkswagen AG’s Czech Republic-based Skoda unit reportedly begins production of Octavia cars at an all-new assembly plant in the western ...

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