Toyota to make Brezza for Maruti Suzuki


Mumbai, Mar 27 (IANS): India's largest car maker Maruti Suzuki has decided to source its mini SUV Brezza from Toyota as part of its 2017 MoU which has been expanded to include joint production, sources said.

Brezza, a sub-four metre urban SUV, will be manufactured in one of the two factories of Toyota Kirloskar Motors from 2022. As per the plans, Toyota, too, would sell Brezza after making some modifications.

This will be the second model after Maruti Suzuki's Baleno which Toyota would start selling from later this year.

Maruti Suzuki's board gave its approval for sourcing Brezza from Toyota as part of its MoU in February 2017 which was expanded last week.

The expanded partnership includes joint production, promotion of electrified vehicles, sharing of engines, among others. The MoU is aimed at technology partnership in environment, safety and information, and mutually supplying products and components.

Maruti Suzuki has decided to continue being the sole manufacturer of Baleno, a derivative of which will be sold by Toyota Kirloskar to increase the total sales for the company.

The board also approved a three-year extension of its Managing Director and CEO Kenichi Ayukawa from April 1, 2019.

"We hereby intimate that the board approved the following the reappointment of Kenichi Ayukawa as Managing Director and CEO of the company for a period of three years with effect from April 1, 2019 on the existing terms and conditions including remuneration," the company said in a statement.

  

Top Stories


Leave a Comment

Title: Toyota to make Brezza for Maruti Suzuki



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.