Toyota, Suzuki enters partnership, to exchange Brezza, Baleno, Corolla
Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have entered in to a partnership toward the mutual supply of hybrid and other vehicles between the two companies for the Indian market. Suzuki will supply Baleno and Vitara Brezza vehicle models to Toyota, while Toyota will supply Corolla vehicle model to Suzuki.
Details on each model, such as the schedule of the start of supply, number of supplied units, vehicle specifications, and supply pricing, will be considered at a later stage. The vehicles will be sold by respective subsidiaries of Toyota and Suzuki based in India through their sales networks.
The two companies will enhance their efforts to procure components locally to the extent possible toward the achievement of the “Make in India” initiative promoted by the Indian government.