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Toyota Halved Stake in Uber Following Self-Driving Unit Sale

  • Toyota held about 5.13 million shares of Uber last fiscal year
  • Uber sold its autonomous driving division to Aurora in 2020

Toyota Motor Corp. sold about half of its Uber Technologies Inc. shares after the US mobility company carved out its self-driving division. 

Toyota held about 5.13 million shares of Uber in the fiscal year ended March, half the amount it reported the previous year, according to a securities filing Thursday. Toyota reported Uber holdings valued at 22.4 billion yen ($165 million), down from 61.9 billion yen a year earlier.