Wonder where this will take us https://www.goauto.com.au/news/toyota/toyota-and-suzuki-form-capital-alliance/2019-08-29/79789.html
Subject to regulatory approval, Toyota will invest ¥96 billion ($A1.35b) to acquire a 4.94 per cent stake in Suzuki, while Suzuki will purchase ¥48b ($A670 million) of Toyota shares, equivalent to a holding of approximately 0.2 per cent.
In a joint announcement, Toyota and Suzuki said the alliance was formed “to establish and promote a long-term partnership between the two companies for promoting collaboration in new fields, including the field of autonomous driving”.
Sure, the electric thing is cool, but... working with Mazda and Suzuki, who know how to trim weight and add performance, plus their Gazoo Racing program, I think we'll see some cool cars stem from this.Specific outcomes of the capital alliance are yet to be revealed, but the collaboration announced in March will spawn electrified Suzukis for European consumption based on the Toyota RAV4 and Corolla wagon, with Toyota gaining greater access to the Indian market with compact models based on the Maruti Ciaz and Ertiga platforms as well as a range of Indian-made models for export to Africa.
Toyota has existing financial relationships with Mazda and Subaru, while Suzuki partnered with General Motors for many years before its unsuccessful tie-up with Volkswagen Group was established in 2009 and ended with an acrimonious split in 2015.