Toyota holds $293 million stake in Uber, governance report shows

By:

NAOMI TAJITSU

By:

Reuters

June 24, 2020 12:18 PM

TOKYO -- Toyota Motor Corp. holds a $293 million stake in Uber Technologies Inc. as it partners with the ride-hailing company to further expand into new mobility services, Toyota's latest corporate governance report released on Wednesday showed.

Featured Stories

Nissan’s new scalable EV platform to support up to 5 models, including lifestyle pickup

Lithia CEO to service department leaders: Change ‘mindset’ in next 90 days or else

The auto retail industry is moving on from DEI but not diversity

Live updates on tariffs: Europe exports to U.S. could drop by 200,000 in 2025

Latest News

Live updates on tariffs: Europe exports to U.S. could drop by 200,000 in 2025

Mercedes’ global sales drop led by 10% decline in China orders

Stellantis stops making Leapmotor electric car in Poland, considers other options

Clutch opens $6.5M Toronto-area facility to recondition hundreds of used cars weekly

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Trump auto tariffs could cut European exports to U.S. by 200,000, study says

U.S. stock futures plunge overnight with Trump team defending tariffs

British government is relaxing EV rules to protect automakers from Trump tariffs

Don Romano’s ‘wild ride’ at Hyundai Canada

Staying current is easy with newsletters delivered straight to your inbox.