TOKYO -- Toyota Motor will invest 96 billion yen ($907 million) in Suzuki Motor, taking a stake of about 5% in the company, while Suzuki put about 48 billion yen of its own money into Toyota, forging an equity tie-up that will expand their ongoing technology partnership, Nikkei has learned.
The two automakers announced the capital alliance on Wednesday. They plan to work together on self-driving and other new technologies as the industry faces radical changes.
