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China

FAW, Toyota, and GAC Group sign new strategic cooperation framework agreement; FAW Toyota to remain an independent operating entity

On October 8, FAW Group Co., Ltd (FAW), Toyota Motor Corporation (Toyota), and Guangzhou Automobile Group Co., Ltd (GAC Group) held a signing ceremony for a new strategic cooperation framework agreement in Guangzhou.
Since FAW and Toyota entered into a comprehensive strategic cooperation agreement in 2002, and GAC Gr....

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