Toyota Motor Keeps Growing |
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| Topics: Toyota
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Catherine Makino
February 10, 2006
Toyota Motor
Toyota Motor could soon become the world's biggest car maker. Toyota will increase its capacity at a Canadian factory currently under construction. When it starts operating in 2008, the plant will produce 150,000 cars, instead of the original capacity of 100,000 cars.
The plant will cost about $1.1 billion to build. It will be Toyota's second plant in Canada and will create nearly 2,000 jobs.
Toyota continues to increase its output, while U.S. auto makers General Motors and Ford Motor have lost market share in recent years.