Robots, M&A and self-driving cars make up Toyota's game plan

Robots, M&A and self-driving cars make up Toyota's game plan

Akio Toyoda, president of Toyota Motor Corp., left, and Masamichi Kogai, president and chief executive officer of Mazda Motor Corp., shake hands during a news conference in Tokyo, Japan, on Friday, Aug. 4, 2017. Photographer: Kiyoshi Ota/Bloomberg

Toyota Motor Corp. agreed to buy a stake in Mazda Motor Corp. and jointly build a $1.6 billion plant in the U.S. Asia’s largest automaker will also invest more in areas like self-driving cars to stay relevant in an industry upended by technological changes.

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