Toyota To 'Almost Double' Output Capacity Of Sorocaba Plant In Brazil By 2026, Local Head Says
Portfolio Pulse from Benzinga Newsdesk
Toyota plans to nearly double the output capacity of its Sorocaba plant in Brazil by 2026, according to a local head. This expansion is part of Toyota's strategy to strengthen its presence in the Brazilian market.
June 05, 2024 | 3:53 pm
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Toyota plans to nearly double the output capacity of its Sorocaba plant in Brazil by 2026, indicating a significant expansion in the Brazilian market.
The expansion of the Sorocaba plant will likely lead to increased production and sales in the Brazilian market, positively impacting Toyota's revenues and market share.
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