Toyota is likely to establish a complete knockdown kit plant in Moscow to build its HiAce van.
Toyota said it will make an announcement concerning Russia on 19 January, but would not divulge more information.
Toyota's partner would probably be the Tuchinsky Machinery Building Plant, said Martti Hahl, who is an automotive consultant based in St. Petersburg. He was speaking at a presentation to suppliers at Jomkoping, Sweden, in mid-November.
The HiAce probably would be built in cargo and minibus versions, he said.
Toyota announced its intentions in August at the Moscow auto show. Naoto Fuse, a Toyota manager, told the Tass news agency that Toyota wanted to build the HiAce in Russia. He quoted Toyota President Hiroshi Okuda as saying assembly could begin within a year or two.
Toyota announced earlier that it would open an office in Moscow at the end of this year to research the Russian market and study prospects for assembling the Hi-Ace. Distribution would probably be through a local partner.
Toyota had been negotiating with AutoGAZ before Fiat and the Russian carmaker announced their cooperation.