Toyota snub dents Saudi Arabia's manufacturing drive
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RIYADH (Reuters) - Saudi Arabia began courting Toyota two years ago to build a large car plant as part of Crown Prince Mohammed bin Salman's grand plan to wean the kingdom off oil revenues and create jobs for young Saudis.But the Japanese carmaker has rebuffed Riyadh's overtures following talks that dragged on without tangible results because high labour costs, a small domestic market and a lack of local supplies gave Toyota pause for thought, four sources said.Securing a deal with a major..