Toyota Has Invested 30 Billion Rubles in a Car Factory in St. Petersburg
On Wednesday, the automaker began mass production of a new fifth-generation Toyota RAV4 crossover. The company's total investment in the modernization of production for the new project amounted to 4.8 billion rubles.
Toyota Motor Plant in St. Petersburg was opened in 2007, currently the company produces Toyota Camry sedan and Toyota RAV4 crossover. Since November 2011, the plant has been operating in two shifts. The production capacity of the plant is 100 thousand cars per year. Cars are delivered to the Russian market, as well as exported to the markets of Kazakhstan and Belarus.
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