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Exclusive: Toyota aims to ramp up China production in a strategy pivot, sources say (www.reuters.com)

submitted 8 months ago by alzjim@lemmy.world to c/world@quokk.au

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The plan, which has not been previously reported, represents a strategic pivot by the world's top selling automaker in the world's largest car market, underlining its ambition to claw back business lost to BYD (002594.SZ), opens new tab and other local players in recent years.

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