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  • The Independent

    Toyota selling part of Denso stake to raise cash to develop electric vehicles

    by Yuri Kageyama Nov 29, 2023 2 minutes
    Source: Copyright 2022 The Associated Press. All rights reserved

    Toyota is selling a part of its stake in components maker Denso to raise cash for its drive toward electric vehicles and other innovations, Japan's top automaker said Wednesday.

    The move is estimated to raise about 290 billion yen ($2 billion), given

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