Is Suzuki taken over by Toyota?

Is Suzuki taken over by Toyota?
No, Suzuki has not been taken over by Toyota. However, the two companies have formed a business partnership and have deepened their collaboration in various fields, including the mutual supply of vehicles globally. This collaboration includes the production of a new SUV model developed by Suzuki at Toyota Kirloskar Motor Pvt. Ltd., which will be marketed in India as Suzuki and Toyota models. Additionally, the powertrains of the new model to be sold in India will be equipped with mild hybrid technology developed by Suzuki and strong hybrid technology developed by Toyota.
The partnership aims to bring together the strengths of both companies to provide a wide variety of vehicle electrification technologies to customers and contribute to the acceleration of electrification and the realization of a carbon-neutral society in India. Furthermore, Toyota has acquired a 4.94% stake in Suzuki, while Suzuki has acquired shares worth 48 billion yen in Toyota, equivalent to 0.2% of Toyota’s shares as of the announcement date.
The collaboration between Toyota and Suzuki also involves the sharing of cars through a cross-badging strategy, with models like the Toyota Glanza and Urban Cruiser being essentially rebadged versions of Maruti Suzuki Baleno and Vitara Brezza, respectively.
Overall, while there is a significant partnership and exchange of stakes between Toyota and Suzuki, Suzuki has not been taken over by Toyota.

Why is Toyota using Suzuki?

The decision by Toyota to rebrand Maruti Suzuki cars in India is a significant strategy shift for the Japanese automaker. While it may help Toyota expand its market presence and gain a foothold in the Indian market, it also raises valid concerns about the potential compromise of its quality standards and brand image.

What brands are owned by Toyota?

Toyota Motor Corp. (Japan) owns Lexus and Toyota. And it has a stake in Subaru and Suzuki. VinGroup (Vietnam) owns the VinFast automotive brand, as well as VinHomes, VinBigData, VinBioCare, and VinBrain. Volkswagen AG (Germany) owns Audi, Bentley, Lamborghini, Porsche, Scout, and Volkswagen.

What is the deal between Suzuki and Toyota?

Maruti Suzuki, a subsidiary of Suzuki Motor Corporation, entered a strategic alliance with Toyota Motor Corporation in 1982. This collaboration involves cross-badging, allowing both companies to share and sell each other’s vehicles.

Who owns Suzuki company?

As of May 2022, Suzuki Motor Corporation is a publicly-traded multinational corporation. Its biggest shareholders are The Master Trust Bank of Japan (10.4%), Custody Bank of Japan Ltd (5.24%), and Toyota (4.94%).

Does Suzuki have a Toyota engine?

The Baleno and its descendants
The “M15D-FXE” available in the Indian Grand Vitara Hybrid is derived from this development, but it is the only Toyota engine featured in any Suzuki at the moment.

Who bought Suzuki cars?

Official name: Suzuki Motor Corporation. Owned by: Volkswagen (19.9%), Suzuki family members, Japanese banks, General Motors (3%) & Fuji Heavy Industries (1%), plus public shareholding. Formerly owned by: General Motors (20.4%). Owns: GM-Daewoo (14.9%), together with a host of joint ventures around the planet.

Which Toyotas are Suzuki?

Among those, the Toyota Vitz (Suzuki Celerio) city car, the Toyota Starlet (Suzuki Baleno) supermini, the Toyota Rumion (Suzuki Ertiga) three-row minivan, and the Toyota Urban Cruiser (Suzuki Brezza) and Urban Cruiser Hyryder (Suzuki Grand Vitara) SUVs.

Which is more reliable Suzuki or Toyota?

Lexus and Toyota completed the podium places. Suzuki has come out on top in a survey of the most reliable brands for cars aged six to 20 years old.

Does Toyota own part of Suzuki?

In fact, Toyota even owns a 4.9% stake in Suzuki after a reciprocal arrangement that allowed Suzuki to acquire a 0.2% share in Toyota.

Is Suzuki still sold in the US?

Outside of motorcycles like the GSX-R1000, the V-Storm, and the Katana, Suzuki does not sell all-new vehicles in the United States. However, you can still find used Suzuki models. They’re mainly small cars and SUVs, such as the SX4, which came in sedan, hatchback, and crossover body styles.