Toyota And Suzuki Agree To Look At New Collaborations
Toyota and Suzuki, in addition to bringing together Toyota’s strength in electrification technologies and Suzuki’s strength in technologies for compact vehicles, intend to grow in new fields, such as joint collaboration in production and in the widespread popularization of electrified vehicles.
New collaborative business
I.Toyota’s strengths: Provision of electrified technology and electrified vehicles | ||
1.Supply THS (Toyota Hybrid System) to Suzuki. | Global | |
2.Widely spread hybrid electric vehicle (HEV) technologies in India through local procurement of HEV systems, engines, and batteries. | India | |
3.OEM supply of two new electrified vehicles built on Toyota platforms (RAV4, Corolla Wagon) to Suzuki in Europe. | Europe | |
II.Suzuki’s strengths: Provision of compact vehicles and powertrains | ||
4.OEM supply of two compact vehicles built on Suzuki platforms (Ciaz and Ertiga) to Toyota in India. | India | |
5.Toyota to adopt newly developed Suzuki engines for compact vehicles. Such engines are to be supported by Denso and Toyota, and will be manufactured at Toyota Motor Manufacturing Poland. | Europe | |
6.OEM supply of Suzuki’s India-produced vehicles (Baleno, Vitara Brezza, Ciaz, Ertiga) to Toyota, targeting the African market. | Africa | |
III. Collaboration in the fields of technological development and production, leveraging the strengths of both companies | ||
7.Drawing upon Suzuki’s expertise in developing vehicles in India, joint development of a Toyota C-segment MPV and OEM supply to Suzuki. | India | |
8.Production of the Suzuki-developed compact SUV Vitara Brezza at Toyota Kirloskar Motor Pvt. Ltd. (TKM) from 2022. | India | |
Toyota President Akio Toyoda said: “Through our new agreement, we look forward to the wider use of hybrid technologies, not only in India and Europe, but around the world. We intend to strengthen the competitiveness of both our companies by applying our strong points and learning from each other.”
Suzuki Chairman Osamu Suzuki said: “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.”
