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Toyota and Mazda collaboration a sign of things to come

Toyota and Mazda's collaboration could be a sign of things to come

Toyota and Mazda recently entered an agreement to establish a new joint venture (JV), whereby the Japanese OEMs “will leverage the resources of both companies to complement and enhance each other’s management, products and technologies,” says Toyota’s President Akio Toyoda. Industry experts believe that there will be an increasing number of JVs between big OEMs in the near future.  

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