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Subaru Strengthens Ties with Toyota Amid New BEV Launch

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Subaru Strengthens Ties with Toyota Amid New BEV Launch

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The latest announcement is out from SUBARU ( (JP:7270) ).

SUBARU CORPORATION has announced its continued collaboration with Toyota Motor Corporation, which holds a 21% voting stake in Subaru. This partnership has led to the joint development of several vehicle models, including the recent unveiling of the Trailseeker BEV. Subaru emphasizes its operational independence despite this alliance, aiming for sustainable growth and enhanced corporate value.

The most recent analyst rating on (JP:7270) stock is a Hold with a Yen3300.00 price target. To see the full list of analyst forecasts on SUBARU stock, see the JP:7270 Stock Forecast page.

More about SUBARU

SUBARU CORPORATION operates in the automotive industry, focusing on the development and manufacturing of vehicles. It is known for its collaboration with Toyota Motor Corporation, particularly in the production of models like the TOYOTA 86/SUBARU BRZ and the bZ4X/SOLTERRA battery electric vehicles. The company also engages in OEM agreements with Daihatsu Motor Co., Ltd., a subsidiary of Toyota.

Average Trading Volume: 4,006,016

Technical Sentiment Signal: Hold

Current Market Cap: Yen1843.5B

For an in-depth examination of 7270 stock, go to TipRanks’ Stock Analysis page.

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