Toyota to spend $172 mln to raise US engine output

Newswire

DETROIT, Aug 21 (Reuters) - Toyota Motor Corp is investing $172 million to increase North American production of small four-cylinder engines, at a time when the U.S. market shows signs of recovering from its worst downturn in decades. Toyota said on Friday that it would spend $147 million at its Huntsville, Alabama, engine plant to more than double annual capacity there to 577,000 engines. The plant, which currently builds bigger V8 and V6 engines only, will start building more ...

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