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Toyota looks to Daihatsu to crack Indian small car market | Reuters

Feb 04, 2016    

NOIDA, India Toyota Motor Corp (7203.T) will start talks this week with its affiliate Daihatsu Motor (7262.T) to build and sell small cars in India, where it has so far struggled to crack the cheaper end of the market. The Japanese carmaker aims to double its share of India's passenger vehicle market to 10 percent by 2025 and Daihatsu's small cars will be key to achieving t...

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