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Toyota to launch new production lines in Tianjin
| Updated: 2015-08-12 18:34:20 | By Liu Yiyi (chinadaily.com.cn) |

Toyota to launch new production lines in Tianjin

A Toyota Corolla manufactured in Tianjin. [Photo by Zhang Nan/Xinhua]

The Tianjin FAW Toyota Motor Corporation will launch new production lines in the Tianjin Economic Development Area (TEDA) and produce new models by the middle of 2018.

The annual capacity of the new production line is expected to reach 100,000 vehicles. The corporation will invest three billion yuan ($466.8 million) in the production line, and older lines will be suspended by the end of 2017. The overall capacity will remain the same.

The proposal by Toyota China Group in 2012 was the company's first global development proposal to integrate features of the Chinese market and the first personalized strategy for China. The new production line is part of the proposal's "acceleration of Chinese business."

The company will upgrade the existing production line and rebuild it with more flexible functions. The new line will produce different vehicle models in different amounts.

Toyota has been in Tianjin for 15 years. As Toyota's largest joint venture factory in the country, the corporation has two modern manufacturing bases with total area of 1.6 million square meters. Its three existing production lines can produce 530,000 vehicles annually.

The company produces all sorts of cars from economy to luxury cars, including popular models such as Vios, Corolla, Reiz, and Crown.

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