P.M. BRIEFING : Toyota Plans 2nd U.S. Plant
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DETROIT — Toyota Motor Corp., Japan’s largest auto maker, plans to announce within two months the site of a second U.S. vehicle assembly plant, a spokesman said today.
The company now operates its own car assembly plant in Georgetown, Ky., and is a partner with General Motors Corp. in the New United Motor Manufacturing Inc. plant in Fremont, Calif.
Toyota also has a plant in Cambridge, Ontario.
Toyota executives have said the company wants to boost its U.S. sales to 1.5 million cars and trucks by the mid-1990s and a new plant is needed to accomplish that goal.
Spokesman John McCandless said today that several sites are being considered for the new plant.
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