Toyota and Suzuki Agree to Begin Formal Talks on Partnership
Tokyo. Toyota Motor and Suzuki Motor on Monday (06/02) said they have agreed to begin formal talks aimed at forging a partnership between the two Japanese car makers in shared procurement, green vehicles, IT and safety technologies.
Toyota and Suzuki said in October they were exploring a partnership, citing technological challenges facing automakers and the need to keep up with consolidation in the global auto industry.
Reuters
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