The Traderszone Network

Published in TZ Latest News 21 March, 2015 by The TZ Newswire Staff

Exclusive: Toyota set to approve Mexico plant within weeks – sources

TOKYO/MEXICO CITY (Reuters) – Toyota Motor is finalizing plans for its first passenger car assembly plant in Mexico that could be approved by its board as early as next month, according to three people with knowledge of the matter. Based on recent investments by rivals, including Volkswagen (VOWG_p.DE), a new assembly plant would represent an investment of over $1 billion for Toyota.

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