Help Desk -
9717405332, 9599714297, 9810335381
Email
Password

Update on Toyota and Suzuki collaboration

Auto News - Published on Fri, 29 Mar 2019

Image Source: Brand Spur
Toyota and Suzuki had executed a Memorandum of Understanding dated February 6, 2017 to begin concrete examinations toward the realization of business partnership in areas including environmental technologies, safety technologies, information technologies, and mutual supply of products and components. In pursuance to the same, following decisions were approved by the Board of Directors of the Company in its meeting held on 27th March, 2019

• Toyota Hybrid System (THS) will be provided in future products of the Company, which will help the Company to become a front runner of clean technology in mass market and help in sustainable development of Indian Automotive Industry.

• Manufacturing of Vitara Brezza starting year 2022 at existing Toyota Kirloskar Motor Pvt Ltd (TKM) plant which will save investment in new plant for the Company. Variants of this model will be sold through sales network of the Company and TKM respectively.

• Supply of Product (Derivative model of Baleno) to TKM. This will result in incremental sales for the Company.

Source :

Posted By : Rabi Wangkhem on Fri, 29 Mar 2019
Related News from Auto segment