Toyota, defying strong yen, opens new Japan plant

Newswire

* 1st new Toyota group factory in Japan in 18 years * New plant uses manufacturing innovations to cut costs * Toyota aims to innovate in Japan, employ in overseas plants By Chang-Ran Kim, Asia autos correspondent OHIRA VILLAGE, Japan, Feb 16 (Reuters) - Toyota Motor inaugurated its first new factory in Japan in nearly two decades on Wednesday, betting that advanced, low-cost Japanese production techniques can prevail even as a strong yen drives many manufacturers abroad. The ...

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