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Wednesday, August 28, 2019

Suzuki is Toyota's latest alliance partner

Suzuki and Toyota logosToyota over the past several years has been making equity swaps in rival automakers, including Daihatsu, Mazda and Subaru just to name a few. The latest to join the list is Suzuki which together with Toyota announced an equity swap on Wednesday. Toyota said it will purchase a 4.94-percent stake in Suzuki at a cost of $907 million and Suzuki said...

from High Gear Media Network Feed https://ift.tt/2L022Pf

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