03/10/2026
For those who didn't know, Toyota has two joint venture partnerships in China: GAC and FAW. The former is reportedly set to take over FAW's stake, effectively merging the two and leaving GAC as Toyota's sole joint venture partner in China.
Full story: https://theautoph.com/gac-is-set-to-be-toyotas-only-joint-venture-partner-for-china/