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Dec 1, 2005

Production - Russia - Toyota Receives Permission for Assembly Plant

Moscow,Russia -MosNews -01 Dec 2005: -- On Wednesday, Nov. 30, a local government official told Reuters that the Russian authorities have given Japan’s Toyota Motor Corporation official permission to build a car plant outside St. Petersburg, Russia’s second largest city... The plant is expected to create 500 new jobs and to begin producing 20,000 Toyota Camry sedan models a year beginning in December 2007. Toyota said production would later expand to 50,000 cars a year...

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