BEIJING — Toyota Motor Corp. confirms plans to build passenger cars with Tianjin Automotive Industrial Co. While early reports indicated that the venture likely would start with building a Corolla-based vehicle, industry insiders indicate the project's first car probably will be based on the New Basic Car (NBC) concept. Toyota's NBC concept served as the platform for the 1L Vitz in Asia, Yaris in Europe and Echo in North America. The car will be produced at Tianjin facilities with ...
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