13/06/2008 20:06. Toyota Motors Thailand (TMT) has announced that it will be spending Thai Baht 90m (US$2.7m) to begin production of the Camry Hybrid model at its Gateway plant in Chachoengsao Province, Thailand. The Camry Hybrid is currently being produced in China, ... // Automotive World

10/06/2008 23:08. June 10 (Bloomberg) -- Toyota Motor Corp. , Japan's largest automaker, will build hybrid cars in Thailand and Australia, doubling its number of overseas production sites, as surging oil prices boost demand for fuel-efficient vehicles.

The automaker will start making as many as 9,000 hybrid Camry sedans a year in Thailand from 2009 and as many as 10,000 a year in Australia from 2010, it said in separate statements today.

Toyota, the maker of the Prius , plans to boost production of gasoline-electric vehicles as rising oil prices and increasing environmental concerns spur demand. The carmaker expects to more than double global hybrid sales to a million a year early in the next decade.

``There's been an increase in the popularity of hybrids because of surging gasoline prices,'' said... // Bloomberg

Total: 7 news articles
First News Article: Japan Corporate News, 06/06/2008 20:31