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The stake, made through Toyota subsidiary Toyota Invention Partners, amounts to a 1% holding valued at an estimated Y1bn ($6.2m).
The Japanese commercial vehicle maker said the proposed consolidation is intended to pool management resources across both organisations.
Toyota Motor Corporation (NYSE:TM) is one of the best Japanese stocks to buy right now. On April 16, Toyota Motor Corp (NYSE:TM) announced a strategic collaboration with Isuzu Motors Limited to mass-produce a light-duty fuel-cell electric truck. Production is to begin in fiscal year 2027, and the light-duty truck is to be based on Isuzu’s […]
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