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Toyota Said to Scout for Mexico Plant, Following Rivals

Toyota Motor Corp., the last major automaker without a full assembly plant in Mexico, is scouting the country for possible factory sites, two people with direct knowledge of the matter said.

Executives met this week with Mexican federal officials for preliminary talks about adding a plant in the country, said one of the people, who asked not to be identified because the details aren’t public. The company’s search spans several states, both people said.