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Exclusive - Toyota ends freeze on expansion, looks at three new plants

2015-01-13 01:50:52| Automakers - Topix.net

Toyota Motor Corp is ending a three-year freeze on building new vehicle assembly plants and is looking to open two new assembly plants in China and another in Mexico, four executives familiar with the company's plans said. The Japanese automaker has already completed initial feasibility studies in both China and Mexico, according to those executives, and "the teams are ready to execute," as one of them put it.

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