Toyota and Suzuki JV to develop new mid-sized SUV for Indian market.
Auto Business News-November 26, 2021--Toyota and Suzuki JV to develop new mid-sized SUV for Indian market
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Auto Business News - 26 November 2021
The joint venture between Japan-based Toyota Motor Corporation (NYSE: TM), and Japan-based Suzuki Motor Corporation (TYO: 7269), is planning to develop a new mid-sized SUV for the Indian market.
The new model will be intended to compete with the Hyundai Creta, Kia Seltos, VW Taigun, Skoda Kushaq and the MG Astor. Originally intended for launch in 2022, according to media reports, the vehicle is now likely to be launched in 2023.
According to IndiaCar News, the new mid-sized SUV is likely to be a seven-seater derivative. It will be produced by the joint venture at Toyota's Bidadi based plant. The vehicle is likely to be based on Toyota's DNGA (Daihatsu New...
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