chinese partner: The target for additional units is equivalent to two-thirds of last year's output. ; GAC Toyota Motor, owned equally by Toyota and the Chinese partner, will invest 1.6 billion to expand production capacity in two phases scheduled to complete in 2022, Guangzhou Automobile said in a statement, according to The Japan Times. Toyota says the output of Toyota brand cars, including hybrid Camry sedans, at the Guangzhou manufacturing unit totaled 599,000 units last year. Toyota plans to add 400,000 units to its annual production capacity for eco-friendly cars at GAC Toyota Motor Co. in Guangzhou, southern China, its Chinese partner Guangzhou Automobile Group Co. said. Toyota and its Chinese partner will also step up engine production at GAC Toyota Engine Co. in the capital of Guangdong province. Toyota has not made public the engine production capacity of GAC Toyota Engine, which is 70 percent owned by Toyota and the remainder by the Chinese automaker. They are earmarking 605 million to add 432,000 engines to annual output capacity by 2021 as part of efforts under Toyota New Global Architecture, a program to enhance production quality and reduce costs with the introduction of a new vehicle platform, the statement said.
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