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Toyota Motor Corp. North America CEO Jim Lentz on Thursday said the Japanese automaker has not been contacted by Fiat Chrysler Automobiles NV about potential mergers, and is not interested in consolidation with other automakers.

"It's something we would not be interested in," Lentz told reporters in a roundtable ahead of a groundbreaking at the Toyota Technical Center. "At 10 million (vehicles) we have enough scale right now to do what we need to do. There really would be no advantage for us."



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