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Toyota, Suzuki Teaming Up

Will partner on R&D, parts; and target emerging markets.

by on Feb.06, 2017

Suzuki underwent a major management shake-up in 2016 after it admitted rigging mpg numbers.

Japan’s largest automaker is teaming up with one of the country’s smaller car manufacturers as part of a plan to develop new technologies, cut parts costs and boost sales in emerging markets.

Toyota Motor Corp. and Suzuki Motor Corp. on Monday confirmed widespread expectations that they would form a new alliance. But, at least for now, there are no plans for a capital tie-up between the two manufacturers.

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“Toyota and Suzuki have agreed to work toward the early realization of a business partnership,” the two said in a joint statement, issued on the same day Toyota reported a sharp decline in earnings during its fiscal third quarter.


Cuba Legalizes Car Ownership

What happens to those pre-Castro Chevys?

by on Sep.29, 2011

Somehow, Cuban drivers have found a way to keep their cars going -- seemingly forever.

It’s been a matter of pride – as much as frustration – for Cuban drivers to maintain a fleet of vehicles that dates back to the pre-Castro era, mostly American Ford, Chevrolet Bel and even long-gone Studebaker.   But starting October 1st, the Communist government  takes a significant step that could ultimately change the face of a country that, to tourists, has seemed lost in time.

Published in the party’s Official Gazette after months of delays, the new law won’t necessarily bring a flood of new Chevys and Fords – never mind Toyota, Volkswagens or Hyundais – to the island nation.  But it will take the first step by legalizing the sale and purchase of automobiles by all Cuban citizens.

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Only a rare few have been allowed to actually trade cars, and the number who could anything new – notably Russian-made products like a Lada – was even smaller, mostly doctors, musicians and athletes who have been given permission to travel abroad.  A limited number of government workers have also been given cars – though use was closely monitored, reports the AP.