Toyota, Nissan are expanding in Latin America

Bloomberg - Toyota Motor Corp. and Nissan Motor Co. will invest a combined $1.2 billion to expand production in Latin America amid growing regional and export demand. Toyota is spending $600 million on a new car plant in Sao Paulo, and Nissan is spending the same amount to expand Mexican production to build three new models.

www.businessweek.com/news/2010-07-15/toyota-nissan-invest-1-2-billion-to-expand-in-latin-america.html