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Toyota needs to start over from "rock bottom" and will abandon for now its policy of offering a full product range world-wide to focus more on local market needs, new president and founding family member, Akio Toyoda, said at his first press conference in Tokyo today.

Toyota needs to start over from "rock bottom" and will abandon for now its policy of offering a full product range world-wide to focus more on local market needs, new president and founding family member, Akio Toyoda, said at his first press conference in Tokyo today.

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