Toyota, Suzuki to work together in green, safety technology
foto: apnews.com
Japanese automakers Toyota and Suzuki, which began discussing a partnership in October, said Monday they would work together in ecological and safety technology — a rapidly growing area in the industry, according to AP.
Toyota Motor Corp., the maker of the Camry sedan, Prius hybrid and Lexus luxury models, and Suzuki Motor Corp., which specializes in tiny cars, announced the decision, following approval by the company boards, and signed a memorandum of agreement, both sides said.
Another area for possible collaboration is information technology as well as supplying each other with products and components. The next step would be to come up with specific cooperation projects, they said.
Suzuki does not have a hybrid, electric car or fuel cell vehicle in its lineup. Self-driving cars are also a growing focus in the industry.
Toyota Motor Corp., the maker of the Camry sedan, Prius hybrid and Lexus luxury models, and Suzuki Motor Corp., which specializes in tiny cars, announced the decision, following approval by the company boards, and signed a memorandum of agreement, both sides said.
Another area for possible collaboration is information technology as well as supplying each other with products and components. The next step would be to come up with specific cooperation projects, they said.
Suzuki does not have a hybrid, electric car or fuel cell vehicle in its lineup. Self-driving cars are also a growing focus in the industry.
- Maserati plans an all-electric Alfieri for 2020
- Lexus covered car with 41,999 LEDs to create most phantasmagoric ride ever made (VIDEO)
- Ford and Toyota launch consortium to help developers build in-car apps
- Automakers, suppliers team up to share costs of self-driving cars
- Driver caught drifting in Botanica sector of Capital (VIDEO)
- Volkswagen overtakes Toyota as the world's biggest carmaker