7 years ago
Toyota, Suzuki courtship intensifies as partnership talks begin
Toyota Motor Corp (7203.T) and Suzuki Motor Corp (7269.T) said on Monday they plan to trade expertise in parts supplies and R&D, in an agreement that will aid expansion in emerging markets and help them cope with rapid technological sophistication. Any deal could see Toyota benefit from a supply chain that has helped Suzuki dominate India's massive auto market, while Suzuki could hope to access Toyota's innovations in automated driving, artificial intelligence and low-emission vehicles.
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