Toyota to invest additional $90 mln in Russia factory

Newswire

TOKYO, Feb 2 (Reuters) - Toyota Motor Corp said on Thursday it would invest an additional 7 billion yen ($90 million) at its St. Petersburg factory to add stamping and resin-molding processes to the production of its popular Camry sedan. Japan's top automaker said in a statement the new production processes would start at its 50,000 vehicles-a-year Russian factory in 2014. ($1 = 76.1300 Japanese yen) (Reporting by Chang-Ran Kim; Editing by Chris Gallagher)

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