Market & Industry
Toyota China says currently not considering joint venture brand
Shanghai January 10 (Gasgoo.com) In an interview with First Financial Daily, Managing Director of Toyota Automobiles Mori Satoru made a clear statement saying that, "Toyota China will not consider establishing joint venture brands for the foreseeable future." In the heated debate between domestic Chinese brands regarding joint management, this kind of declaration may win the praise of independently managed brands.
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