Toyota to invest $907m in Suzuki to boost self-driving tech

Suzuki to buy $453m stake in Toyota in expansion of their 2017 tie-up

20190828 suzuki toyota

In 2017, Toyota and Suzuki announced a comprehensive partnership in environmental and safety technology. An equity tie-up will help solidify their cooperation.

Nikkei staff writers

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.

Sponsored Content

About Sponsored ContentThis content was commissioned by Nikkei's Global Business Bureau.