Toyota Expands Tie-Up With Mazda to Share Car Technology

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Toyota Motor Corp. and Mazda Motor Corp. agreed to broaden their partnership to share car technologies, potentially including new projects on fuel efficiency and safety.

The two Japanese automakers will set up a joint committee that will evaluate ways to utilize each other’s strengths, according to a joint press release issued Toyota and Mazda today. The partnership will result in “more appealing cars,” they said, without elaborating.