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TOKYO, Feb 18 (Reuters) - Toyota Motor Corp on Monday took the wraps off its remodelled Crown sedan, the first car to incorporate the cost-cutting strategy that the automaker hopes will help it save at least $2.8 billion a year.
Toyota began work three years ago on the ambitious plan, called "VI" for Value Innovation, which seeks to lump some of the tens of thousands of car components together to form modules and systems. Analysts have been keen to see the fruits of the scheme for hints to its impact on the car's price, features and eventually the competitiveness of parts suppliers.
http://www.guardian.co.uk/feedarticle?id=7317867Masatami Takimoto, executive vice president in charge of Toyota's drivetrain technology, declined to disclose how much the VI plan saved the company in the Crown. But he said the automaker was able to reduce the number of main ECUs to four from 60, as it had set out to do.