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Exclusive: Toyota delays move to build Lexus in China - sources

2015-07-22 03:10:11| Automakers - Topix.net

Toyota Motor Corp will likely delay building its premium Lexus brand in China for at least a few years, as growth in China's auto market slows to a crawl and a weak yen makes it cheaper to keep making cars in Japan. A security guard is reflected in the logo of a Toyota Motor Corp's Lexus car at the company's showroom in Tokyo May 31, 2013.

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