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Toyota to invest PLN 400 mln in its Jelcz-Laskowice plant

20:13

Toyota Motor Europe announced that in 2020 in the factory in Jelcz-Laskowice will start production of a new generation petrol engine with a capacity of 1.5 liters. The company will invest PLN 400m in the project, the Ministry of Development announced on Wednesday. “Toyota Motor Europe announced today that it will begin production of a new 1.5-liter petrol engine at the Toyota Motor Manufacturing Poland plant in Jelcz-Laskowice in 2020. The investment will amount to PLN 400 million, which will increase Toyota's engagement in production investments. in Poland to almost PLN 4.5 billion,” Poland’s Ministry of Development said in a statement. The new engine will be used in Toyota’s hybrid and conventional models starting from 2020. “The new engine will expand the range of components manufactured in our factories,” said Eiji Takeichi, CEO of Toyota Motor Manufacturing Poland, adding that hybrid drives account for 40 percent of Toyota's sales in Europe.

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