View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
May 14, 2008

CHINA: Toyota-FAW JV boosting output

A Toyota Motor joint venture in China is to boost output by 50%.

A Toyota Motor joint venture in China is to boost output by 50%.

The automaker on Wednesday said Tianjin FAW Toyota Motor (TFTM), its joint venture with China FAW Group Corporation (FAW ), plans to increase capacity at its Plant No. 2 from 100,000 to 150,000 vehicles “towards the end of 2009”.

The boost will enable TFTM to produce 470,000 vehicles a year. TFTM is investing JPY23bn in the expansion which is expected to create 1,500 jobs.

TFTM also announced plans to establish a research and development centre.

Topics in this article: , , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto