Japanese Manufacturer Toyota will invest around €150 million (INR 1100 crores) in its Jelcz-Laskowice and Walbrzych plants in Poland. This investment to produce two new petrol engines and a hybrid transaxle.
Company's first operations started in 2002. The new facility will make a first petrol engine, a 1.5-litre unit in February 2017 at Toyota Motor Industries Poland (TMIP), followed by a 2.0-litre unit, two years later.
The facility will be also manufacturing a hybrid transaxle, which will be used on the 1.8-litre ZR engine. This engine powers the Auris and Auris Touring Sports Hybrid cars sold in Europe, as well as on the C-HR. This production will begin in 2018.
Kazunori Masuoka, TMMP President said, "We are committed to further strengthen our presence in Europe. It was, therefore, important for us to diversify our output and develop our petrol engine manufacturing skills, which will help secure our future."