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Toyota Refutes Speculation of Nezha Auto Acquisition
2025-05-12 /
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Author：小编
On May 12, addressing rumors suggesting that Toyota Motor might acquire Nezha Auto, Xu Yiming, Director of Brand Communication at Toyota Motor (China) Investment Co., Ltd., stated, "I am genuinely unaware of such a plan." Nezha Auto has faced financial constraints and sales challenges in recent years, and a potential acquisition by Toyota could expedite its electrification efforts in the Chinese market.
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