Toyo Tires to End Capital and Business Alliance with Mitsubishi Corporation

Toyo Tires has completed the acquisition of its own shares previously held by Mitsubishi Corporation, effectively bringing an end to the capital and business alliance between the two companies. The two firms entered into a business partnership in November 2018 to help restore the operations of the former Toyo Tire & Rubber, whose business had deteriorated following a data falsification…

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