Car giant Toyota is to start making a new hybrid car in Turkey later this year, the company said Thursday.
A $450 million investment, which will create 1,000 jobs, will see the Japanese carmaker produce the first hybrid vehicle in Turkey.
Toyota’s European Chief Executive Johan van Zyl told a news conference in Istanbul that production capacity in Turkey would rise from 150,000 vehicles at its plant in Sakarya to 280,000.
“This is the first time somebody will make a hybrid vehicle in Turkey,” he said. The investment will see Toyota’s overall investment in Turkey rise to $2.3 billion.
“I am proud on behalf of Toyota Turkey employees as Toyota's new car, which is very important in our new global product range, will be manufactured in Turkey,” Zyl said. “The decision has confirmed that Toyota Motor Turkey is one of Toyota's best factories around the world in terms of quality and efficiency.”
The name of the new model -- currently designated C-HR -- will be announced at the Geneva motor show in March and it will be exported to 53 countries.