Toyota-Suzuki alliance drives past string of failures
Financial Express Mumbai|July 04, 2022
TATA-VOLKSWAGEN AND FORD-MAHINDRA PACTS FAILED TO CLICK
VIKRAM CHAUDHARY
Toyota-Suzuki alliance drives past string of failures

TIE-UPS IN THE Indian passenger-vehicle space have not really worked. Although many of them were announced with great fanfare, they were dissolved in a short span of time. In fact, none of the alliances resulted in a successful product during its tenure.

Whether it was the Mahindra & Mahindra-Renault alliance of 2007, the Tata Motors'pact with German manufacturer Volkswagen in 2017 or the Ford and Mahindra tie-up in 2019, they failed to ignite the market with any product, and were eventually called off.

The tie-up between Japanese auto majors Toyota Motor Corporation and Suzuki Motor Corporation, in 2017, however, has not only survived but is thriving as it has gone beyond cross-badging of vehicles to now producing compact SUVs, a segment which is currently driving the passenger vehicle market in the country.

Toyota Kirloskar Motor now sells two Maruti Suzuki models in India - Glanza and Urban Cruiser-rebadged versions of the Baleno and Vitara Brezza. On July 1, it unveiled the Urban Cruiser Hyrder, its first midsize SUV for India that has been built jointly with Maruti Suzuki.

この記事は Financial Express Mumbai の July 04, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

この記事は Financial Express Mumbai の July 04, 2022 版に掲載されています。

7 日間の Magzter GOLD 無料トライアルを開始して、何千もの厳選されたプレミアム ストーリー、8,500 以上の雑誌や新聞にアクセスしてください。

FINANCIAL EXPRESS MUMBAIのその他の記事すべて表示
Financial Express Mumbai

Murdoch ally helps Ambani build media empire in India

SOHEE KIM PR SANJAI

time-read
3 分  |
April 18, 2024
Financial Express Mumbai

Pandya, Dube & Rinku: Can they finish for India at T20 World Cup?

GOING INTO THE 2022 T20 World Cup in Australia Dinesh Karthik was assigned the finisher role and the batting lineup was built accordingly.

time-read
2 分  |
April 18, 2024
Financial Express Mumbai

Nestle adds sugar to infant milk and cereal, finds report

A NEW REPORT has revealed that Nestle, the world's largest consumer goods and manufacturer of baby formula, is adding sugar to infant milk and cereal products sold in India, and other Asian, and African countries.

time-read
1 min  |
April 18, 2024
Financial Express Mumbai

India-made Daimler's electric mini truck to hit the road soon

INDIA WILL BE host to German trucking giant Daimler's only electric vehicle plant outside of Europe and Japan when it launches a locally-made electric light cargo truck in FY25.

time-read
2 分  |
April 18, 2024
Samsung eyes ₹10,000 cr from India TV biz this year
Financial Express Mumbai

Samsung eyes ₹10,000 cr from India TV biz this year

SOUTH KOREAN GIANT Samsung is targeting a turnover of ₹10,000 crores for its television business in India this year, driven by growth in sales of its mid to-premium segment models, said Mohandeep Singh, senior VP, consumer electronics business in India.

time-read
1 min  |
April 18, 2024
Financial Express Mumbai

Microsoft AI Copilot speed boost for coding

WHEN SOFTWARE DEVELOPER Nikolai Avteniev got his hands on a preview version of Microsoft's Copilot coding assistant in 2021, he quickly saw the potential.

time-read
1 min  |
April 18, 2024
Financial Express Mumbai

US, China debt pose risks for global public finances: IMF

THE WORLD's TWO great economic rivals, China and the US, will drive much of the increase in global public debt over the next five years, with US spending creating trouble for many other countries by keeping interest rates high, officials at the International Monetary Fund said in a report.

time-read
1 min  |
April 18, 2024
Financial Express Mumbai

Language models in consumer tech

This move is designed to ensure better user experience & privacy

time-read
2 分  |
April 18, 2024
Financial Express Mumbai

'Data centres' energy use doubles every four years'

Data centres are significant energy consumers, using about 2% of the world's power and emitting carbon dioxide equivalent to the airline industry.

time-read
2 分  |
April 18, 2024
Financial Express Mumbai

Vi FPO: Foreign players invest big; about ₹5,400 crore raised

GQG, Fidelity buy almost 40% of the anchor investor portion

time-read
1 min  |
April 18, 2024