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Toyota and Suzuki to jointly supply cars in India

Toyota Motor Corp. and Suzuki Motor Corp. will mutually supply cars in India from 2019 in an attempt to widen their footprint in emerging markets, which will make up almost 60% of worldwide sales in 2021, Nikkei Asian Review reported.

Suzuki is set to supply Toyota with 30,000 to 50,000 units of its Baleno and Vitara sport utility vehicle each year, while Toyota will offer Suzuki nearly 10,000 units of its Corolla gasoline and hybrid models.

As both automakers seek to enhance their collaboration on environmentally friendly cars, Suzuki will use Toyota hybrids to release jointly developed electric vehicles in India by 2020. India has set a goal of having electric units account for 30% of vehicles nationwide by 2030.