Toyota Motor Plans to Open a New Factory in Brazil in November
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Author:小编   

On May 29, Toyota Motor announced its plan to open a second factory in Sorocaba, Sao Paulo State, Brazil, in early November, with the city set to become Toyota's main industrial hub in Brazil. This move is part of Toyota's plan to invest 11 billion Brazilian reais (approximately US$2.18 billion) by 2030.