Toyota invests $490M in France

by Ronan Glon

Toyota will invest 400 million euros (about $490 million) in its French factory. The cash injection will be used to upgrade the facility and prepare it to build an additional model based on the brand's TNGA platform. Currently, the factory only builds the Yaris. French website LeBlogAuto speculates the second model will replace the Auris, which we know as the Corolla iM.