UPDATE 1-Toyota to invest $1 bln on new Mexico plant, create 2,400 jobs -source
* President Pena Nieto to attend announcement on Wed- sources
* Plant to be benchmark for improving efficiency in region- source
* Site would be Toyota's first passenger car plant in Mexico (Adds details, background)
By Joanna Zuckerman Bernstein and Alexandra Alper
MEXICO CITY, April 13 (Reuters) - Toyota Motor Corp , the world's biggest automaker, will spend $1 billion to build a car factory in Mexico and plans to announce the investment on Wednesday, two sources with direct knowledge of the matter said.
The 200,000-cars-a-year factory in the central state of Guanajuato will create about 2,400 direct jobs, one of the people told Reuters, declining to be identified because the plan was not yet public.
Reuters reported earlier that the factory - Toyota's first to build passenger cars in Mexico - would produce the Corolla compact car from the summer of 2019, ending a self-imposed three-year freeze on new investments.
President Enrique Pena Nieto will attend the announcement in Mexico on Wednesday, the people said.
A Toyota spokeswoman in Tokyo said nothing had been decided. Continuación...