Toyota and Suzuki Motor Corporation have announced that the two companies are looking at going deeper in developing new vehicles and sharing technologies. The new agreement comes post the signing of a memorandum of understanding inked by the two companies back in February 2017.
The two companies have announced that they will focus on achieving a concrete result by concentrating on their core strengths and sharing them with each other. Toyota’s strength lies in electrification and hybridisation, while Suzuki scores in strengths in technologies in compact vehicles.
However the bigger news we have got now is that Suzuki will now be supplying the company with the Ciaz and Ertiga. This news comes at a time when Toyota is working on bringing its own rebadged version of the Vitara Brezza and Baleno. So while we can expect a Toyota badged Ciaz and Ertiga in the near future the launch timelines of either of the models haven’t been revealed yet.
Toyota’s version of the Baleno will hit the showrooms this financial year itself
Toyota has also announced in a press release that the company will use Suzuki’s expertise in developing new products to jointly develop a new C-segment MPV for India. The two automakers will also be using widely spread hybrid electric vehicles technologies in india through local procurement HEV systems, engines and batteries.
Suzuki Chairman Osamu Suzuki said: “At the time we announced our scope of cooperation in May last year, I spoke that we will strive for success globally. I have seen progress in the partnership since then, and it is my pleasure to be able to make this announcement today regarding the status of partnership on a global basis, including Europe and Africa. In addition, we appreciate the kind offer from Toyota to let us make use of their hybrid technology. We will continue our utmost efforts.”
The latest development however, isn’t limited to India alone as technologies and products will be also have their presence felt Europe and Africa as well. it has been stated that the two automobile brands are looking at sharing engines, platforms and hybrid technologies abroad as well.
“When it comes to vehicle electrification, which is expected to make further inroads, hybrid technologies are seen as playing a huge role in many markets, as from before. Widespread acceptance is necessary for electrified vehicles to be able to contribute to Earth’s environment. Through our new agreement, we look forward to the wider use of hybrid technologies, not only in India and Europe, but around the world.”
“At the same time, we believe that the expansion of our business partnership with Suzuki—from the mutual supply of vehicles and powertrains to the domains of development and production—will help give us the competitive edge we will need to survive this once-in-a-century period of profound transformation. We intend to strengthen the competitiveness of both our companies by applying our strong points and learning from each other.” chnologies much of what is needed to survive in the competitive market said Toyota President Akio Toyoda.”
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