Toyota To Get 25,000 Maruti Suzuki Balenos As Part Of New Joint Venture
Toyota and Maruti Suzuki recently announced a partnership for India, which will see Toyota getting the Maruti Suzuki Baleno and Vitara Brezza and Maruti getting the Corolla Altis to rebody and rebadge for sale in the country. And now, according to reports, Suzuki Motor Corp would most likely supply 20,000- 25,000 units of the Maruti Baleno to Toyota Motor Corp as part of phase 1 of the agreement that would see both the manufacturers jointly produce and sell cars in India. Maruti will supply the said units of the Baleno each year to Toyota for its own re-bodied and re-badged versions and will be sold through the Toyota dealership network from mid-2019.
The Baleno will give Toyota a strong presence in India’s high-volume but most-competitive hatchback segment. It will also be able to make use of spare capacity at its plant in Karnataka in the near future once Suzuki starts making the Baleno there. Toyota currently makes the Etios Liva hatchback in India.