UPDATE 1-Toyota opens first plant in Russia

Newswire

(Adds Toyota president comments in paragraphs three and four) By Denis Pinchuk ST PETERSBURG, Russia, Dec 21 (Reuters) - Japan's top automaker, Toyota Motor Corp , opened its first plant in Russia on Friday, aiming to produce 50,000 Camry sedans annually. Toyota has since 2005 invested 3 billion roubles ($121.4 million) in the plant, which is also Russia's first to produce premium-class cars, and plans to ramp up output at a later stage. "We are hoping that one day the plant will ...

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