Toyotato open engine plant in China-Nikkei

Newswire

TOKYO, May 1 (Reuters) - Toyota Motor Corp will build an engine plant in the northern Chinese city of Changchun by 2005 and its unit Hino Motors will start producing trucks and diesel engines in Shanghai from 2004, a newspaper said on Thursday. Toyota, Japan's biggest automaker but a laggard in China, is rapidly expanding its presence in the burgeoning Chinese car market. Early in April, Toyota announced a plan to expand its alliance with its Chinese partner, First Automotive Works (FAW) ...

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