Toyota and Suzuki to jointly develop a new powertrain

Click here for the report on the initial announcement of the Toyota – Suzuki partnership.

Below are the official statements of the top bosses of each of the two companies:

“Suzuki was the first (among Japanese companies) to enter India, and, together with the people of India, has been a presence for pulling forward India’s automotive society. Such represents the spirit of “Let’s do it” that I mentioned when announcing the conclusion of our memorandum of understanding on beginning concrete examinations for business partnership. Or, as I like to say, Suzuki is a company that puts into practice being ‘The Best in Town.’ 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.Breaking from a future that adheres to convention, Toyota has chosen a future in which the path is created by one’s own hands. For this, the spirit of “Let’s do it” is necessary. Through our business partnership with Suzuki, I would like to learn more about this spirit,” said Akio Toyoda, president of Toyota.

Meanwhile, Osamu Suzuki, chairman, Suzuki, said, “At the time when we announced the partnership, I had said that under the leadership of president Akio Toyoda, Toyota was enthusiastic throughout our discussions regarding partnership sought by Suzuki, which was concerned about the development of advanced technologies. I want to express my heartfelt appreciation. Immediately afterwards, Toyota arranged a series of intensive and meaningful discussions. Now, 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.”