Toyota is preparing to release a new model

Toyota is preparing to release a new model

September 19, 2019 0 By autotimesnews

The Brazilian brand unit intends to invest about $ 1 billion in a plant in Sorocaba in São Paulo, Brazil, where the production of a new model will be launched.

The plant, which opened in 2012 and already produces Etios and Yaris models, will be responsible for the production of the new model in the Brazilian market, which is scheduled for release in 2021. The choice of the production site in Sorokaba was due to the initial project, which at the stage of the enterprise construction provided for the possibility of expansion, as well as the convenience of logistics for suppliers. To begin production of this new car, Toyota plans to hire 300 new employees.

    “Toyota’s commitment to the development of the Brazilian automotive industry and Brazil is only possible with a strong partnership between the various stakeholders of the company. This announcement is about another. The investments we make in Brazil are the result of the collaboration of our employees, suppliers, dealers, unions and the government and strengthen our long-term vision for the country, ”said Masahiro Inoue, Toyota General Manager, Latin America and the Caribbean, and Chairman Toyota do Brasil Ltda.

Details about the new model in the company did not tell. But as representatives of the brand told, data on the car, engine and the exact release date will be published in the near future.