Japanese auto majors Toyota and Suzuki said that they will deepen their collaboration in the fields of development and production in India.
Under the initiative, the two companies will start production of a new SUV developed by Suzuki at Toyota Kirloskar Motor (TKM) from August this year, they said in a joint statement.
The powertrains of the new model to be on sale in India, will be equipped with mild hybrid developed by Suzuki and strong hybrid developed by Toyota.
By leveraging the respective strengths of Toyota and Suzuki to provide Indian customers with a variety of options, and to contribute to the reduction of CO2 emissions.
Toyota and Suzuki said they will remain committed to the achievement of the ‘Make in India’ initiative promoted by the Indian government, and contribute to sustainable economic growth and to the vision of achieving net-zero greenhouse gas emissions by 2070.
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