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Industry: Email Alert RSS FeedToyota's Russia plant to start slowly; Output growth will, at first, not keep pace with sales rise.(News)(Statistical data)
Automotive News Europe, April, 2007 by Ciferri, Luca
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Byline: Luca Ciferri
Toyota Europe expects Russia to become its No. 1 market in terms of volume by 2009. But the automaker's production in Russia initially won't keep pace with its sales growth.
Toyota is planning a slow start for its first manufacturing plant in the region, a [euro]92.6 million facility that opens near St. Petersburg in December.
The Japanese carmaker will initially only build limited numbers of the Camry large sedan at the plant.
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