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Market Chatter: Toyota Motor Plans AI-backed System to Standardize Vehicle Specification Terminology

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Toyota Motor (TYO:7203) plans to standardize its vehicle specification terminology using artificial intelligence across planning, production, and sales operations, Nikkei Asia reported Wednesday.

Under the proposed program, the Japanese automaker will use artificial intelligence to rewrite 45,000 specialized terms used across divisions to about 5,000 common terms by 2028, reducing internal processing steps by about 30%.

The new AI-backed umbrella system will make vehicle information consistent across functions.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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