Toyota Motor Corporation,Toyota Tsusho Corporation and Toyota Egypt S.A.E. (aka Toyota Egypt, Toyota's independent vehicle distributor in Egypt) announce they will establish a company to oversee the assembly of Toyota-brand vehicles in Egypt.

According to official news: "The company will outsource to local assemblers assembly of "Fortuner" SUVs, using parts mostly made in Thailand, with a planned annual output of approximately 3,000 vehicles, to start in early 2012. The company…