Toyota to make Brezza for Maruti Suzuki, Auto Information, Automobilnews
MUMBAI: India’s largest automotive maker Maruti Suzuki has determined to supply its mini SUV Brezza from Toyota as a part of its 2017 MoU which has been expanded to incorporate joint manufacturing, sources stated.Brezza, a sub-four metre city SUV, will probably be manufactured in one of many two factories of Toyota Kirloskar Motors from 2022. As per the plans, Toyota, too, would promote Brezza after making some modifications.
This would be the second mannequin after Maruti Suzuki’s Baleno which Toyota would begin promoting from later this yr.
Maruti Suzuki’s board gave its approval for sourcing Brezza from Toyota as a part of its MoU in February 2017 which was expanded final week.
The expanded partnership consists of joint manufacturing, promotion of electrified automobiles, sharing of engines, amongst others. The MoU is geared toward know-how partnership in setting, security and data, and mutually supplying merchandise and elements.Maruti Suzuki has determined to proceed being the only real producer of Baleno, a spinoff of which will probably be bought by Toyota Kirloskar to extend the overall gross sales for the corporate.
The board additionally accepted a three-year extension of its Managing Director and CEO Kenichi Ayukawa from April 1, 2019.
“We hereby intimate that the board accepted the next the reappointment of Kenichi Ayukawa as Managing Director and CEO of the corporate for a interval of three years with impact from April 1, 2019 on the present phrases and situations together with remuneration,” the corporate stated in a press release.