Toyota announced a preliminary partnership with Waymo on Wednesday that could result in the Japanese automaker collaborating with the Alphabet unit on autonomous vehicle technology. Why it matters: As the world's second largest automaker by sales and an industry leader in manufacturing efficiency,

Self-driving-technology leader Waymo and automotive giant Toyota said they have signed an agreement to work together on a new platform for self-driving cars.

Japan’s top automaker Toyota has announced a partnership with U.S. autonomous driving technology company Waymo.