Toyota plans to announce on Tuesday a $2.2 billion investment in Brazil over the coming years, the country’s vice president said.
Toyota Motor Corp. plans to announce on Tuesday a 11 billion reais ($2.2 billion) investment in Brazil over the coming years, the country’s Vice President Geraldo Alckmin said.
On Sunday, Alckmin wrote on X, the social media platform formally known as Twitter, that the investment would create 2,000 jobs at Toyota’s factory in the city of Sorocaba, in Sao Paulo.
Source: X
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