Toyota plans to build hybrid parts plant in Japan

Newswire

TOKYO, March 30 (Reuters) - Japan's Toyota Motor Corp. said on Friday it plans to build a new factory in Fukuoka, southwestern Japan, to produce components for gas-electric hybrid vehicles. Toyota, which leads the market in hybrid sales, said it plans to acquire about 340,000 square metres of land there and put production lines for hybrid parts together from other plants. Toyota spokeswoman Yurika Motoyoshi said details, including the size of the investment and timing, are still unknown. ...

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