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Toyota and affiliates to sell 10% Denso stakes as the carmaker ramps up EVs

Peng Chen, DIGITIMES Asia, Taipei Wednesday 29 November 2023 0

Credit: AFP

Toyota Motor and its two affiliates, Toyota Industries and Aisin plan to sell 10% of their stakes in Denso, the world's second-largest tier-1 automotive supplier. The move likely aims to bring in more cash for the Japanese automaker as it catches up...

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