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August 4, 2017 02:25 pm GMT

Toyota takes stake in Mazda, invests more in self-driving and AI

Toyota Camrys built using the Toyota Production SystemToyota has agreed to purchase a five percent stake in Mazda, and will build a joint plant in the U.S. worth $1.6 billion, the automaker revealed today. Toyota also said it’s going to increase its investment in “crucial fields” related to the future of automotive technology, including self-driving, artificial intelligence and green vehicle tech. The automaker’s… Read More

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