Mexican Media Brands
Toyota, Suzuki Move Forward with Partnership Plans
Toyota Motor Corp. and Suzuki Motor Corp. say they have concluded initial talks about potential partnerships and now are beginning “concrete examinations” in the areas of environmental, safety, information technologies and parts sharing.
#hybrid
Share
Toyota Motor Corp. and Suzuki Motor Corp. say they have concluded initial talks about potential partnerships and now are beginning “concrete examinations” in the areas of environmental, safety, information technologies and parts sharing.
The Japanese carmakers say they have established an “implementation framework” to move the process forward and identify specific projects, but they haven't provided a timeframe. A Nikkei report last week indicated a deal was imminent following the companies announcement last October that they were exploring various collaborations.
Analysts note that Suzuki could benefit from Toyota's expertise in advanced technologies, including electrified powertrains and autonomous vehicle systems. Suzuki has yet to offer a hybrid or electric vehicle.
Toyota, meanwhile, could learn from Suzuki when it comes to low-cost design and speed to market. Suzuki also could help Toyota grow its presence in India, where the smaller company has a leading position through its Maruti Suzuki venture.
RELATED CONTENT
-
Flying Car Flight of Fancy Gets Real
People have been dreaming about flying cars since the early days of the auto and aircraft industries.
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Kroger Tests Self-Driving Grocery Delivery Service
The Kroger Co. and Silicon Valley startup Nuro launched a pilot program for autonomous grocery delivery this week in Scottsdale, Ariz.
