Toyota seeks expansion in Cambodia, emerging markets
Toyota Motor Corp, the world’s largest automaker, is planning to expand their operations in Cambodia as well as other emerging markets. The move is a push to attract new first time-buyers of automobiles and get about half of global sales from the emerging markets. Toyota plans to work closely with its Daihatsu Motor Co. unit to develop compact cars for emerging markets, Executive Vice President Yasumori Ihara said at a briefing in Nagoya, Japan, Tuesday. …
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