UPDATE 1-Toyota says to boost Thai pickup capacity 20 pct

Newswire

(Recasts with information from company, background) TOKYO, Jan 31 (Reuters) - Toyota Motor Corp. said on Monday it would boost output capacity at its Thai truck plant by one-fifth to 300,000 units a year at the end of next month to meet brisk demand for its new IMV model. A spokesman said no new plant was planned, denying a report in the Nihon Keizai Shimbun business daily that Japan's top auto maker planned to invest about 50 billion yen ($486.4 million) to build a third assembly plant ...

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