OPEN IN APP
Active Stocks
Tue Mar 19 2024 12:50:50
  1. Tata Consultancy Services share price
  2. 4,020.85 -2.99%
  1. Tata Steel share price
  2. 150.10 0.33%
  1. Bharti Airtel share price
  2. 1,232.40 0.60%
  1. Power Grid Corporation Of India share price
  2. 260.05 -1.87%
  1. ITC share price
  2. 410.00 -1.77%
Business News/ Videos / Toyota, Suzuki in tie-up to sell each other’s cars in India

Toyota, Suzuki in tie-up to sell each other’s cars in India

While Suzuki will supply its Baleno and Vitara Brezza to Toyota, it will source Toyota's Corolla and sell it through Maruti Suzuki dealerships. The coming together of Toyota, the world's largest automobile company, and Suzuki, which dominates the Indian market, underlines the importance of the local passenger vehicle market that is expected to triple to 9.4 million units by 2026 from 3.2 million now if the economy grows at an average rate of 5.8% a year, according to the government's Auto Mission Plan 2016-26.

 
Recommended For You
Switch to the Mint app for fast and personalized news - Get App