Toyota, Suzuki Motor deny report of partnership talks

Japan's Toyota Motor and Suzuki Motor Corp denied a newspaper report they were discussing a potential partnership that could include a capital tie-up. The Nikkei business daily said in a front-page report on Wednesday that Suzuki, Japan's fourth-largest automaker, and global top-seller Toyota were discussing a possible partnership from a variety of angles including a cross-shareholding deal.

“It is not true that we have entered negotiations over a tie-up with Toyota," Suzuki said. Toyota issued a similar.

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