UPDATE 1-Toyota to invest $142 mln in new Russia plant

Newswire

(Adds details, background, ST PETERSBURG dateline) ST PETERSBURG/TOKYO, April 26 (Reuters) - Japan's Toyota Motor Corp. plans to invest 15 billion yen ($142 million) for a new car plant in Russia with initial capacity to build 50,000 Camry sedans a year starting late 2007. The plant, near Russia's second-largest city of St Petersburg, would initially produce about 20,000 cars a year, Japan's top auto maker said in a statement on Tuesday. "We have been looking at the Russian market with ...

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