Toyota to help Suzuki develop new powertrain for India

Toyota and Suzuki have agreed to start discussing new joint projects in the fields of technological development, vehicle production and market development in India.

After having concluded a memorandum of understanding towards business partnership on February 6, 2017, both companies have been pursuing concrete forms of cooperation and have announced the mutual supply of vehicles for the Indian market and other joint efforts. Meanwhile, the two companies have also been broadening the scope of their partnership considerations to include joint efforts related to production and market development.

Going forward, Toyota alongwith Denso Corporation will provide Suzuki with technological support for a compact, ultrahigh-efficiency powertrain to be developed by Suzuki. Also, Toyota will produce models developed by Suzuki for sale in India through each of the Toyota and Suzuki brand networks.

'We will receive support for the development of a compact, ultra high-efficiency powertrain that is vital to Suzuki, and we will focus our utmost efforts on development. It is my hope that the new joint projects will contribute to the future success of both companies, not only in India, but also in the global market,' said Osamu Suzuki, Chairman, Suzuki Motor Co.

Additionally, supply of models developed by Suzuki – including those to be produced by Toyota – from India to African and other markets by both companies will employ each of the Toyota and Suzuki sales networks. The two companies will also advance cooperation in the domains of logistics and services. 

Toyota President Akio Toyoda said, 'Suzuki was the first (among Japanese companies) to enter India, and together with the people of India, it has been a presence for pulling forward India's automotive society. As members of Indian society, Toyota, along with Suzuki, will do its best to enhance freedom and fun in a future society of mobility and to make ‘Make in India’ vehicles cherished in Africa and in many other countries around the world. Through our business partnership with Suzuki, I would like to learn more about this spirit'.