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Japanese automakers plan to increase their reliance on China-made auto parts to cut production costs in the country.

As competition in China became tougher Japanese automaker are not able to keep pace with the local manufacturers such as Geely. As more and more customers turn to the dub-$10,000, no-frills vehicles, this segment has become a real battleground for the automakers, as analysts predict it will increase 40% in the following two years.




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Japanese Automakers Plan  To Rely On Cheaper Chinese Parts To Cut Costs

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