Toyota and Suzuki consider collaborations
Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) announced its agreement to begin considering concrete collaboration in new fields.
Toyota and Suzuki have been considering the concrete details of such collaboration since having concluded a memorandum of understanding toward business partnership on February 6, 2017.
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. Details of intended areas of collaboration are outlined in the table below.
New collaborative business
|I. Toyota’s strengths: Provision of electrified technology and electrified vehicles|
1. Supply THS (Toyota Hybrid System) to Suzuki.
|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.
|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.
|8. Production of the Suzuki-developed compact SUV Vitara Brezza at Toyota Kirloskar Motor Pvt. Ltd. (TKM) from 2022.||India|