TOKYO -- Toyota Motor will consolidate funding for its approximately 5,000 dealers in Japan next year to ensure favorable treatment from financial institutions. Rising interest rates and uncertainty in financial markets has put small dealers at a particular disadvantage.
Automobiles
Toyota to aggregate $20bn of its Japanese dealers' loans
Company plans to help 5,000 affiliates through uncertain financial times
Toyota Motor is taking steps to ensure the financial security of it 5,000 dealers in Japan. (Photo by Ryotaro Yamada)
Read Next
Latest on Automobiles
