Toyota to invest 101 bln yen to raise Japan output

Newswire

TOKYO, Oct 28 (Reuters) - Toyota Motor Corp. will invest up to 101 billion yen ($947 million) to expand production of vehicles and parts in Japan on the back of brisk sales growth worldwide, the world's second-biggest auto maker said on Thursday. The fresh investment would be spent on a new assembly line at two domestic vehicle plants, with operations due to start in late 2005, a spokeswoman said. Toyota will also begin manufacturing a new transmission at its Hokkaido parts plant in ...

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