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Toyota Suzuki partnering in selfdriving car technology

TOKYO — Japan’s top automaker, Toyota, and smaller rival Suzuki have announced they are partnering in the development of self-driving car technology, as manufacturers around the world grapple with innovations in the industry.They said Wednesday that Toyota will take a 4.9% stake in Suzuki Motor Corp., valued at 96 billion yen ($908 million), and Suzuki will make a 48 billion yen ($454 million) investment in Toyota.In 2017, Toyota and Suzuki agreed to work together in ecological and safety technology. That deal did not include owning mutual stakes.Auto manufacturers are facing a costly shift toward use of artificial intelligence and various ecological and safety technologies.Toyota makes the top-selling hybrid vehicle, Prius.The Associated Press


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