Exclusive: Toyota group companies plan $4.7 billion sale of Denso stake
www.reuters.com
Toyota Motor and two affiliates plan to sell about 10% of components maker Denso by year-end, a stake likely worth about $4.7 billion, sources familiar with the matter said.
  • glgbnafdeux@alien.topBEnglish
    0·
    1 year ago

    All of these legacy automotive suppliers will only lose value in the years to come. This is Toyota talking out of both sides of their mouth, anti-EV on one hand, making financial moves based on an EV future in on the other.

    • damangoman@alien.topBEnglish
      1·
      1 year ago

      spoken like someone with zero industry experience. let me guess, youre a college student.