TOYOTA, ISUZU AND HINO TO SET UP PARTNERSHIP IN MAKING COMMERCIAL VEHICLES

Highlights –

• Toyota, Isuzu, and Hino to set up partnerships in making commercial vehicles.
• Toyota and Isuzu Motors will take a 4.6% stake in each other.
• The carmakers will work together in electric, hydrogen, connected, and autonomous driving technologies.
• The new company will be 80% owned by Toyota, 10% each by Isuzu and Hino.

Leading carmakers of Japa....