August 28 - 17:08
Toyota and Suzuki agree alliance, includes autonomous vehicles
Toyota and Suzuki have entered into a long-term partnership to promoting collaboration in new fields, including autonomous driving. As part of what the companies are calling an 'alliance', the two companies will buy shares in each other's businesses. Toyota plans to take a 4.94% stake in Suzuki for £743.3 million, while Suzuki will invest roughly £372 million in Toyota.
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