JAPAN: Toyota set to triple Latin America production
Toyota Motor Corp. announced Monday (4/9/00) that it is to increase car production alongside parts procurement in Latin America, says Kyodo News/Associated Press (4/9/00). The car manufacturer - which sells about 100,000 vehicles per year in the region that accounts for 4.7 per cent of the market - is set to triple local Corolla production from the current 20,000 unit mark annually to 60,000 by 2002.
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