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Japan: Toyota Motor, Suzuki in talks on partnership

By  |  October 12, 2016

Toyota Motor Corp. disclosed talks with Suzuki MotorCorp. over an alliance to share the burden of developing self-driving cars and low-cost vehicles, a step the two auto makers said was needed to survive “unprecedented” change.

From tighter emissions regulations that threaten the dominance of gasoline engines to challenges from Silicon Valley upstarts, car companies around the world are finding it easier to share the cost of developing new technologies than to go it alone.

“There is a limit to the research and development that a company can do individually,” Akio Toyoda, Toyota’s president, said on Wednesday.

Full Content: The Wall Street Journal

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