On October 12th, Toyota and Suzuki announced on October 12 that the two companies will begin to discuss building a partnership.
The current automotive industry environment is undergoing tremendous changes at an unprecedented rate. Future technology development will not only be limited to automotive development technologies, but will also include environmental, safety, and information fields. And the scope of cooperation is not only about technology development, but also the importance of cooperation with other companies in terms of coordination with urban infrastructure and the establishment of new industry standards.
Toyota is currently focusing on the development of technologies in the environment, security, information, etc., but it is lagging behind major European and American manufacturers in terms of synergy and standard establishment. At the same time, although Suzuki has maintained a consistently serious professionalism in the field of automobile manufacturing technology with obvious competitive advantages such as light-duty vehicles, it is facing difficulties in the field of advanced future technology development.
This time, in order to solve the problems they are facing, the two companies believe that business cooperation will play a role and decide to start discussions. This discussion is based on the premise that the two companies can still compete fairly and freely. At the same time, the two companies also maintain an open position on cooperation, because the cooperation is related to the establishment of standardization in the future.
Toyota President Akio Toyoda said: At present, the environment of the automotive industry has undergone great changes. In order to overcome these changes, it is necessary to cope with the ability to change. Not only in certain areas of technology development, but also the establishment of partnerships with shared aspirations is becoming more and more important. If we focus on the development of a better automotive and automotive industry, we hope that we can remain open. discuss.
Suzuki President Suzuki said: Toyota is not only the top company in the industry, but also the most valuable company in all areas of advanced technology and future technology development. I am very touched by the ability to negotiate with Toyota this time. I am very grateful to be able to discuss with the Honorary President of Toyoda Ichiro and get the care of President Toyohiko Zhang. I look forward to further discussions for the future of Suzuki.
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