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Toyota to invest $ 322 million to manufacture Yaris in Brazil

The multinational Toyota announced today that it will invest 1,000 million reais (about 322 million dollars) in adaptations at its plant in the Brazilian city of Sorocaba to prepare it for to be able to start producing its Yaris model in Brazil next year.

Rio de Janeiro, Sep 25 (EFE) .- The multinational Toyota announced today that it will invest 1 billion reais (about 322 million dollars) in adaptations at its plant in the Brazilian city of Sorocaba to prepare it to start producing next year its Yaris model in Brazil.

The Yaris, which in Brazil will be in its hatch version, will be manufactured in the same line of production, although with adaptations, that Toyota used to produce models 1,3 and 1,5 of the Etios in the plant of Sorocaba, informed company leaders in a wheel of "The (Brazilian) market is already showing some signs of recovery, but regardless of what happens today, we look forward to it," said Toyota's president. in Brazil, Rafael Chang, justifying an investment in a year in which the largest economy in Latin America is expected to recover from two years of deep recession.

the Japanese-based multinational is launching the Brazilian Yaris, which is different from the Yaris sedan model currently produced in Mexico in the middle of next year.

totaling $ 600 million (about $ 193.5 million) that Toyota announced last year to increase engine production capacity at its plant in Brazil's Porto Feliz.

This investment allowed the company to increase from 108,000 to 174,000 the number of engines produced per year, mainly for the Etios and Corolla models, and now the Yaris.

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