Japan: Toyota Auto Body to become wholly-owned unit

Kariya, Aichi prefecture-based Toyota Auto Body will become a wholly-owned subsidiary of Toyota Motor Corporation, as of 1 January 2012. At a special meeting held on 22 November, the company's shareholders agreed to let the company become Toyota's subsidiary, Kyodo said. The company will be delisted on 28 December 2011. Following the Subscribe to Automotive … Continued

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• November 23, 2011