Toyota announces plans to double capacity at St Petersburg plant

The Japanese carmaker Toyota confirmed last week that it plans to double the production capacity of its plant in St. Petersburg from 50,000 to 100,000 cars per year. While the announcement bucks recent trends which have seen a significant overall decline in car sales i n Russia over recent months, Russian demand for the ¬†company’s Camry model increased by 3.7% last year.¬†

Source: rbth