Thai Toyota to source vehicle parts locally BANGKOK — Toyota Motor Corp.'s Thailand operations reportedly plan to source all vehicle parts locally within three years. President Yoshiaki Muramatsu says the aim is to stabilize prices and consolidate Toyota's market position. He says there will be talks with foreign supplier companies regarding alliances with local parts suppliers. Toyota now has about 80% local content in its pickup trucks and between 55% and 80% in cars, depending on the ...
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