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Toyota says to ramp up production in China
Tokyo (AFP) June 17, 2008 Japan's Toyota Motor Corp. said Tuesday that its joint venture in China with Guangzhou Automobile would invest about 380 million dollars to increase output in response to fast-growing demand. The venture will install a second production line at its plant in Guangdong to churn out an additional 120,000 Camry sedans a year, raising the venture's annual output to 320,000 vehicles. Toyota, on course to overtake General Motors as the world's top selling automaker, is expanding aggressively in emerging markets to make up for sluggish sales at home and tougher conditions in the United States. Related Links Car Technology at SpaceMart.com
Hungarian "Solo" concept car, super-light and super-ecological
Budapest (AFP) June 17, 2008The prototype for a new Hungarian car that can reach 140 kilometres per hour while only consuming between 1.5 and two litres of ethanol per 100 kilometres, was unveiled Tuesday in Budapest. |
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