Toyota Motor plans to launch car assembly in St.Petersburg in 2006, the Itar-Tass news service reported, quoting a company representative.
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Prime-Tass said it was not clear whether the company plans to build car production facilities in the city or buy an existing plant.
Japanese media reported earlier that Toyota plans to produce a total of about 15,000 Corolla and Camry cars per year in Russia, with the plant’s production capacity being increased later on. Initially assembly kits are to be supplied primarily from Poland, according to Japanese media.
On November 1, Toyota’s chairman Hiroshi Okuda reportedly said that the company planned to build an assembly plant in Russia by 2006.
On October 14, Russia’s Vremya Novostei newspaper reported that St. Petersburg governor Valentina Matviyenko visited Japan and urged Toyota to build a production plant in the city.
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By GlobalDataToyota started a feasibility study for the project to build a plant in Russia in 2003, with the Moscow region and the Nizhny Novgorod region named as possible locations.
In 2003, Toyota sold 26,472 cars in Russia, up from 8,630 cars in 2002. Toyota models on the Russian market include the Corolla, the Camry, the Land Cruiser and RAV4 sports utility vehicles, as well as Lexus branded cars, the Prime-Tass report said.
