Toyota and Subaru agree on new business and capital alliance

Toyota Motor Corporation and Subaru Corporation agreed on a new business and capital alliance to strengthen their long-term partnership. Toyota will increase its equity stake in Subaru, and Subaru will acquire shares in Toyota. The alliance includes joint development of all-wheel-drive models and next-generation sports cars.

“In this once-in-a-century period of profound transformation, by strengthening their bonds and aligning their capabilities, Toyota and Subaru aim to pursue driving enjoyment in the CASE era.”global.toyota

• 1 source
• global.toyotaToyota and Subaru Agree on New Business and Capital Alliance | Corporate | Global Newsroom | Toyota Motor Corporation Official Global WebsiteTOYOTA MOTOR CORPORATION.Sep 27, 2019

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