Toyota Motor Corp has revived a plan to build a second Brazilian automobile assembly plant that had been put on hold after the financial crisis, the Nikkei business daily said on Thursday.
The facility will produce small vehicles for the local market, with an annual output capacity of just over 100,000 units. Operations may start next year, the paper said.
Plans for the plant were put together in summer 2008, but the project was frozen as auto sales fell, the Nikkei said.
In the first four months of this year, Brazil has overtaken Germany to become the world's fourth-largest car market after China, the U.S. and Japan, the paper said.
Toyota also plans to bring a factory in Mississippi onstream, possibly in mid-2011, the Nikkei said. Originally slated to start operations this year, the facility will produce about 100,000 Corolla sedans a year, the paper said.
Toyota had no immediate comment on the story.
