Home
/ China News / News detail
Government OKs Toyota RV-4 local production plan
Shanghai. December 4 (Gasgoo.com) – China's all-powerful economic planning and regulatory body, National Development and Reform Commission (NDRC) has recently approved the local production plan of Toyota’s SUV model RV-4, official media Xinhua News Agency reported today.
The Toyota RV-4 will be built in an assemble line of FAW-Toyota Tianjin, where 42,000 vehicles are expected to be rolled out a year.
Earlier this year Japanese media said Toyota RV-4 will be produced at the Tianjin plant of FAW-Toyota before 2009. The plant will have a capacity to produce 50,000 vehicles annually.
Toyota RV-4 is most likely to compete with Honda's hot-selling SUV model CRV in the Chinese market, Xinhua News Agency said.
Currently the 2.4 Liter engine based third generation of RAV-4 is the only RV-4 model sold in Chinese market. The model, which came to China by means of importing, is priced at 318,000 yuan ($43,125) for comfort version and 348,000 ($47,183) for luxury edition.
Gasgoo not only offers timely news and profound insight about China auto industry, but also help with business connection and expansion for suppliers and purchasers via multiple channels and methods. Buyer service:buyer-support@gasgoo.comSeller Service:seller-support@gasgoo.com
All Rights Reserved. Do not reproduce, copy and use the editorial content without permission. Contact us: autonews@gasgoo.com
