Toyota to boost Turkey capacity for 180 mln euros

Newswire

TOKYO, Jan 27 (Reuters) - Toyota Motor Corp , the world's second-largest auto maker, said on Tuesday it would spend 180 million euros ($224 million) to boost annual output capacity at its plant in Turkey by 50 percent to 150,000 units by March. With the new capacity, the Adapazari plant will produce the new seven-seater Corolla Verso multi-purpose vehicle (MPV), to be exported to 15 European countries and South Africa from May. Toyota expects to sell 62,000 of the cars in Europe this year. ...

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