Localisation rate has reached 30% at Toyota St. Petersburg factory

Localisation rate has reached 30% at Toyota St. Petersburg factory

RusAutoNews.Com – Toyota St. Petersburg factory, which started manufacturing Toyota Camry on 05.11.2014, has launched its new press and plastic component production shops. Thereby, the factory has increased its localisation rate to 30% in production.

The company is planning to increase the annual production capacity of the factory to 100,000 automobiles from the current figure of 50,000, until the end of 2015.

The factory will start manufacturing the RAV4 model in 2016.

A new investment in the amount of 16 billion rubles will be made in the factory during the same year, creating 800 new jobs.