# Toyota and Suzuki enter into capital alliance

Toyota Motor Corporation and Suzuki Motor Corporation have entered into a capital alliance agreement to promote collaboration in new fields including autonomous driving. Toyota will acquire 24,000,000 shares of Suzuki common stock.

- Type: Partnership
- Announced: 2019-08-28
- Status: announced
- Products: automobiles, autonomous driving technology
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Toyota Motor](https://endata.com/companies/962.md) (partner)
- [Suzuki Motor Corporation](https://endata.com/companies/23600.md) (partner)

## Sources

- [global.toyota](https://global.toyota/en/newsroom/corporate/29375884.html), 2019-08-28: "The two companies intend to achieve sustainable growth, by overcoming new challenges surrounding the automobile sector by building and deepening cooperative relationships in new fields."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.