Japanese automakers Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) which inked a MoU for a enterprise alliance in 2017 have introduced that the companions will start manufacturing of a brand new SUV mannequin developed by Suzuki at Toyota Kirloskar Motor’s (TKM) plant in India from August.
The partnership builds on Toyota’s power in electrification and Suzuki’s power in compact automobiles for joint collaboration in manufacturing and within the widespread popularisation of EVs.
The Japanese OEMs purpose to advertise mutual provide of automobiles globally, which is among the collaborations within the enterprise partnership. Maruti Suzuki India and TKM will market the brand new mannequin in India as Suzuki and Toyota fashions, respectively. The SUV may also be exported to markets outdoors India together with Africa.
The powertrains of the brand new mannequin to be on sale in India, will probably be geared up with gentle hybrid developed by Suzuki and powerful hybrid developed by Toyota. By bringing collectively strengths of each Toyota and Suzuki by the collaboration, the 2 corporations will be capable of present all kinds of car electrification applied sciences to prospects and contribute to the acceleration of electrification and the realisation of a carbon-neutral society in India.
Akio Toyoda, President, Toyota Motor Corporation stated, “We are pleased to announce the new SUV with Suzuki, a company that has a long history of local involvement in the Indian business. Today, the automotive industry is facing various challenges such as electrification and carbon neutrality. By leveraging the respective strengths of Toyota and Suzuki to provide Indian customers with a variety of options, we hope to contribute to the reduction of CO2 emissions and realise a society where ‘no-one is left behind’ and ‘everyone can move freely.’”
Toshihiro Suzuki, President, Suzuki Motor Corporation stated, “Production of the new SUV at TKM is a project that can contribute to the growth of India through providing eco-friendly mobility needed by customers. We recognise that it is a big milestone toward further deepening our collaboration in the future. We appreciate the support from Toyota, and at the same time, will explore new synergy and business opportunities through continuous collaboration.”
Source: www.financialexpress.com”