Toyota ’s Toyota Motor is investing JPY96bn ( $ 907 m ) in compatriot Suzuki Motor , as the parties collaborate on AVs and other technologies . Toyota will take a 5 % stake in Toyota , which will funnel JPY48bn into partnership , as part of the capital alliance . The collaboration will allow for joint development of components in the medium to long - term , as well as partnering for research on IT and environmental issues as the auto industry continues to grow rapidly . The latest arrangement expands a 2017 partnership , under which the parties work together to share information related to emissions and emissions .
Japan’s Toyota Motor is investing JPY96bn ($907m) in compatriot Suzuki Motor, as the two collaborate on AVs and other technologies. Toyota will take a 5% stake in Suzuki, which will funnel JPY48bn into Toyota, as part of the capital alliance. The collaboration will allow for joint development of components in the medium to long-term, as well as partnering for research on IT and environmental issues as the auto industry continues to change rapidly. The latest arrangement expands a 2017 partnership, under which the parties work together to share technology related to emissions and safety.