Toyota, Suzuki To Start Production Of New SUV Model For Sale In India
(RTTNews) – Japanese automakers Toyota Motor Corp. (TYT.L, TM) and Suzuki Motor Corp. (SZKMF.PK), who’re in enterprise partnership, introduced Friday that they may begin manufacturing of a brand new SUV mannequin developed by Suzuki at Toyota Kirloskar Motor Pvt. Ltd. or TKM from August.
Maruti Suzuki India Restricted and TKM will market the brand new mannequin in India as Suzuki and Toyota fashions, respectively. Moreover, the 2 firms are planning to export the brand new mannequin to markets outdoors India together with Africa.
Toyota and Suzuki stated they’re selling mutual provide of automobiles globally.
Each firms had signed a memorandum of understanding for a enterprise alliance in 2017. Since then, Toyota’s power in electrification applied sciences and Suzuki’s power in applied sciences for compact automobiles have been used for joint collaboration in manufacturing.
Within the Indian mannequin of the brand new automobiles, the powertrains might be geared up with delicate hybrid developed by Suzuki and robust hybrid developed by Toyota.
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