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Toyota-FAW JV will extend production cut to February 2024

Peng Chen, DIGITIMES Asia, Taipei Wednesday 8 November 2023 0

FAW Toyota is cutting production in China. Credit: FAW Toyota

Intense rivalry in China's automotive market has forced more carmakers to adjust their strategies. The joint venture between Toyota and Chinese FAW Group recently informed its dealers that the company will continue to reduce production until February...

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