(Source: Kyodo News International, Tokyo) By Kyodo News International, Tokyo

Oct. 27--TOKYO -- Toyota Motor Corp. said Monday that it held a groundbreaking ceremony for its new Chinese plant in Changchun City, where the automaker will produce its Corolla model jointly with a local automaker.

The major Japanese automaker, together with FAW Group Corp., will invest a total of 60 billion yen in the fifty-fifty joint venture, which will have an annual production capacity of 100,000 units.

The new plant, located near Toyota's existing plant in Changchun that makes the Prius gasoline-electric hybrid car, is scheduled to commence operations in 2010.

Toyota currently has... // istockAnalyst.com

TOKYO, Oct 27, 2008 (Kyodo News International - McClatchy-Tribune Information Services via COMTEX) -- TM | Quote | Chart | News | PowerRating -- Toyota Motor Corp. said Monday that it held a groundbreaking ceremony for its new Chinese plant in Changchun City, where the automaker will produce its Corolla model jointly with a local automaker.

The major Japanese automaker, together with FAW Group Corp., will invest a total of 60 billion yen in the fifty-fifty joint venture, which will have an annual production capacity of 100,000 units.

The new plant, located near Toyota's existing plant in Changchun that makes the Prius gasoline-electric hybrid car, is scheduled... // Trading Markets

The FINANCIAL -- TOYOTA MOTOR CORPORATION (TMC) announced that Sichuan FAW Toyota Motor Co., Ltd. (SFTM) — a joint vehicle-production company established with China FAW Group Corporation (FAW) in China's Sichuan Province — held a groundbreaking ceremony today for its new plant in Changchun City, Jilin Province.

Approximately 200 people, including Changchun City government officials, as well as FAW President Xu Jianyi and SFTM... // The FINANCIAL