If this is true than Toyota could transform Nanjing overnight into China's biggest car maker. Japanese reliabilty/ production engineering, European design and branding, Chinese labour rates, would anyone want to bet against them?
Under the current auto industry policy, Toyota would first have to convince one of its two partners, FAW or Guangzhou, to join it in the investment in Nanjing Auto.
Hyundai is currently faced with this kind of dilemma in its attempts to invest in Huatai Auto. It must first convince one of its current partners, Beijing Auto or Dongfeng, to join with it.
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