# Toyota, FAW and GAC sign framework for GAC to take FAW's 50% stake in FAW Toyota

Canonical page: https://technooptimist.io/stories/toyota-faw-and-gac-sign-framework-for-gac-to-take-faw-s-50-stake-in-faw-957a3569
Date: 8 Oct 2026
About: [Toyota](https://technooptimist.io/companies/toyota.md)
Original source: https://global.toyota/en/newsroom/corporate/44911427.html

Toyota, China FAW and GAC signed a framework agreement in Guangzhou on October 8, 2026. GAC will take over FAW's 50% stake in the FAW Toyota joint venture by issuing its own shares, and FAW becomes a key shareholder of GAC. The three companies also plan a wider alliance between FAW Toyota and GAC Toyota, starting later, covering research, purchasing, production and sales.

## Key facts

- FAW Toyota stays independent after the transaction; the release gives no closing date and names no approvals.
- The alliance would focus on accelerating electrification and intelligence at both joint ventures.
- The deal responds to slower market growth, overcapacity and competition from Chinese electric-car makers.
- FAW Toyota dates to a 2002 partnership with FAW; GAC Toyota was formed with GAC in 2004.

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