Maruti Suzuki board approves supply of SUV Vitara Brezza to Toyota
Maruti Suzuki India (MSI) on Wednesday said
its board has approved supply of a derivative of compact SUV Vitara Brezza to Toyota Kirloskar Motor which will then sell the vehicle under its
own brand name.
This
will result in incremental sales for the company, MSI said in a regulatory
filing. Toyota and Suzuki had executed a memorandum of understanding on
February 6, 2017 to begin concrete examination towards realisation of business
partnership in areas including environmental technologies, safety technologies,
information technologies, and mutual supply of products and components. Read More
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