Toyota to produce new compact hybrid in France | The Daily Star
12:00 AM, September 26, 2010 / LAST MODIFIED: 12:00 AM, September 26, 2010

International Business News

Toyota to produce new compact hybrid in France

Japanese carmaker Toyota will invest 53 million euros (71 million dollars) to produce a new hybrid vehicle at its plant in France, a decision welcomed Saturday by government and unions.
Production will begin in 2012 at Toyota's Onnaing plant near the northern city of Valenciennes and will safeguard around 3,000 jobs.
The new vehicle will be a compact hybrid but the company would not provide any further details following its announcement on Friday.
Onnaing, where the Yaris compact is manufactured, was chosen ahead of facilities in Britain, Turkey and Japan.
"The decision to produce the future hybrid at this plant confirms its position in the Toyota system," said Makoto Sano, the director of the plant, during a news conference.
The decision to locate production at Onnaing, which is currently operating at 60 percent capacity, was welcomed by government and unions.

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