Toyota Motor Corp officials said the Japanese automaker and its two local joint-venture partners are on track to sell 900,000 vehicles in China this year, despite a 3.5% year-on-year fall in its China sales last month.
DURBAN - Toyota is hoping to create 4000 new jobs at its new Durban project.
The car manufacturer says the expansion will allow it to produce Hilux and Fortuner models locally.
The company says the project, worth R6.1 billion, will help South Africa become a strategic export base.
Toyota is now the largest manufacturer in Africa, with over 50 percent of its production being exported to close on 70 countries.
President Jacob Zuma has welcomed the move by the car maker, saying it demonstrates investor confidence in the country.
“I am pleased to hear that this investment in the production of the new Hilux and Fortuner supports more than 4 000, jobs whilst total employment in the plant exceeds 8 000 jobs,”said President Jacob Zuma.