Toyota Motor Corp will start selling in 2015 the first vehicles built under its parts-sharing and platform framework, the company said on Wednesday, as rivals led by Volkswagen pursue similar strategies to cut costs.
The framework, called the Toyota New Global Architecture, shares parts among vehicles using the same platform in order to save costs and manpower.
Initially, vehicles will share 20-30 percent of parts, a ratio Toyota wants to eventually expand to 70-80 percent, Executive Vice President Mitsuhisa Kato said.
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