- From China, Suzuki withdrew in September 2018.
- Suzuki introduces a 2019 model. In Indonesia, carry a compact CV.
- Suzuki agreed to purchase a 0.2 percent share in Toyota in exchange for Toyota receiving a 4.9 percent stake in Suzuki, according to a 2019 announcement by Toyota.
In This Article...
Is Suzuki a Toyota property?
The major automakers with present presences in the United States are listed below, along with the brands they sell.
Chevrolet, GMC, Buick, and Cadillac all belong to General Motors. Hummer is back as a GMC subsidiary brand. In order to co-develop EVs, GM and Honda have an official collaboration.
Acura and Honda are owned by Honda Motor Co. It collaborates with GM. Sony Honda Mobility is the name of the electric vehicle firm they founded with Sony.
Following the merger of Fiat Chrysler Automobiles and Peugeot S.A., a new company called Stellantis was created. According to the explanation, the word is derived from the Latin verb “stello,” which means “to dazzle with stars.” Alfa Romeo, Chrysler, Dodge, Fiat, Jeep, Maserati, and Ram are now under Stellantis and are FCA brands that are offered in the United States. Other Stellantis automobile brands include Citroen, DS Automobiles, Opel, Peugeot, and Vauxhall.
Lexus and Toyota are owned by Toyota Motor Corp. Additionally, it owns stock in Suzuki and Subaru.
The automotive brand VinFast, along with VinHomes, VinBigData, VinBioCare, and VinBrain, are all owned by VinGroup.
Audi, Bentley, Bugatti, Lamborghini, Porsche, and Volkswagen are all brands owned by Volkswagen AG.
What transpired between Toyota and Suzuki?
In a statement, Toyota said: “In addition to bolstering the technologies and goods in which each company excels as well as their current business foundations, the two companies want to achieve sustainable growth by overcoming new challenges surrounding the automobile industry by developing and deepening cooperative relationships in new fields while remaining competitors.
“Specifically, the two firms want to build and promote a long-term cooperation between themselves, for fostering collaboration in new industries, including the field of autonomous driving, to take up difficulties jointly in this transitional era.”
The two businesses unveiled the first elements of a new, extensive partnership in March. Toyota will build hybrid cars based on the Toyota RAV4 and Corolla estate for the European market under the Suzuki brand. The agreement will include Suzuki automobiles produced at Toyota’s factory in Derbyshire.
The two Japanese companies have now committed to the “concrete specifics” of their relationship, which they first agreed to in a 2017 memorandum of understanding. The two businesses assert that the collaboration will bring about “Suzuki’s expertise in compact vehicle technologies and Toyota’s expertise in electrification technologies.
The arrangement is intended to benefit both businesses as well “expand into new areas, which will involve working together on production and electrified vehicles. Toyota and Suzuki promise to “Continue to engage in free and fair competition with one another.
Both businesses have provided details on a number of specific initiatives, divided into three strands, on which they will work together.
Toyota will provide Suzuki with two new electrified vehicles based on the RAV4 and Corolla wagon for the European market, as well as its hybrid engine technology on a global scale. The two new vehicles, which are both scheduled to go on sale in the latter half of 2020, will expand Suzuki’s current lineup rather than replacing any existing models.
Suzuki uses Toyota motors, right?
The first Memorandum of Understanding between Toyota and Suzuki was signed in February 2017 and since then, things have only improved. Both sides announced the new advances just over three weeks ago, at a time when technology, automobile sharing, and joint product development have captured the public’s attention.
The Japanese companies are making the most of each other’s advantages and capabilities. For its tiny cars in Europe, Toyota, for instance, will use newly developed Suzuki engines. Toyota’s manufacturing facility in Poland will create these engines, which have Denso and Toyota’s assistance.