×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: AS | Australia | Toyota

Toyota Plant in Australia to Build Greener Engines

Friday, 10 September 2010 03:45 PM

Toyota will build a 300 million Australian dollars ($277 million) plant in Melbourne that will produce greener engines that deliver reduced carbon emissions, the company said Friday.

The plant will begin operations in the second half of 2012, said Toyota Australia chief executive Max Yasuda. It will include the production of more than 100,000 hybrid engines and four-cylinder new generation engines annually.

Toyota Motor Corp. has said the more environmentally sustainable engine will deliver reduced carbon emissions and improved fuel consumption.

The plant is backed by AU$63 million in federal and state government funding.

"A partnership between local carmakers, the government and suppliers is fundamental for ensuring we evolve our industry to deal with the challenges of a carbon constrained world," Yasuda told reporters.

Federal Industry Minister Kim Carr said the investment would secure up to 30,000 direct and indirect jobs.

© Copyright 2021 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Companies
Toyota will build a 300 million Australian dollars ($277 million) plant in Melbourne that will produce greener engines that deliver reduced carbon emissions, the company said Friday.The plant will begin operations in the second half of 2012, said Toyota Australia chief...
AS,Australia,Toyota
141
2010-45-10
Friday, 10 September 2010 03:45 PM
Newsmax Media, Inc.
Join the Newsmax Community
Register To Comment Login To Comment
Please review Community Guidelines before posting a comment.
 
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved