(May 25, 2016) TOYOTA CITY, Japan — Toyota Motor Corporation and Uber, a ride-sharing company, are announcing a partnership. The companies have entered into a memorandum of understanding (MOU) to explore collaboration, starting with trials, in the world of ride-sharing in countries where ride-sharing is expanding, taking various factors into account such as regulations, business conditions, and customer needs.
As part of the partnership, Toyota Financial Services Corporation and Mirai Creation Investment Limited Partnership are making a strategic investment in Uber.