Toyota Motor Corp. and mini-car specialist Daihatsu Motor Co. Ltd. enter into a $90 million tie-up to develop an inexpensive small car for Indonesia. The Japanese auto makers are anticipating the emergence of a strong domestic car market in Indonesia, expected to top 350,000 units this year and grow another 10% next year. Toyota currently sells some 100,000 vehicles annually in Indonesia. The auto makers recently launched two almost identical vehicles there: the Toyota Avanza and ...
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