Arab Organization for Industrialization clinches Toyota Fortuner assembly

AOI to assemble Toyota Fortuner models: It appears that Arab American Vehicles Company — a joint venture between Arab Organization for Industrialization (AOI) and Chrysler Group — will begin assembling Toyota Fortuner 2017 cars in Egypt, AOI said. The company plans to officially announce the move at a conference next week, Al Borsa reports. AOI is also hoping to become Ford’s assembler in Egypt. Ford had reportedly said late last year that it is awaiting the automotive directive to decide on whether to assemble in Egypt.