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Toyota may consider mergers or acquisitions to procure new automotive technologies, including self-driving technologies, the company's president, Akio Toyoda, said, adding that the automaker had to compete more aggressively against its rivals.

At an annual shareholders meeting on Wednesday Toyoda said the automaker, which took longer to warm to self-driving cars and electric vehicles than its rivals, would be more aggressive in expanding in these areas, conceding he may have focused too much on preserving the status quo at the firm until now.



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Toyota Considering Acquisitions And Possible Merger To Maintain Technical Pace

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