article thumbnail

Suzuki Motorcycle India partners with SMFG India Credit for two-wheeler financing | Autocar Professional

Baua Electric

Suzuki Motorcycle India Private Limited has signed a Memorandum of Understanding (MoU) with SMFG India Credit Co. to provide quick and hassle-free financing options for Suzuki two-wheeler customers. Kenichi Umeda, Managing Director of Suzuki Motorcycle India Pvt. formerly Fullerton India Credit Co.

Suzuki 52
article thumbnail

Toyota and Suzuki enter into capital alliance agreement; collaboration to focus on new fields such as autonomous driving

Green Car Congress

Toyota Motor Corporation and Suzuki Motor Corporation entered into a capital alliance agreement to establish and promote a long-term partnership between the two companies for promoting collaboration in new fields, including the field of autonomous driving.

Suzuki 191
article thumbnail

Suzuki announces $1.37B electric vehicle manufacturing investment in India

Teslarati

Japanese company Suzuki Motor said it plans to invest $1.37 Maruti Suzuki India, which is majority-owned by the Japanese Suzuki Motor, said it is transitioning one of its factories in the country to produce electric vehicles in a bid to align with the national strategy to reduce oil independence and restrict air pollution in major cities.

Suzuki 98
article thumbnail

Maruti Suzuki mulls second plant in Gujarat, plans to invest ?35,000 crore

Baua Electric

Maruti Suzuki has inked a MoU with the Gujarat government at the Vibrant Gujarat event for expanding its business in the state. New Gujarat plant could start production in FY29 Maruti Suzuki’s new plant in Gujarat could start producing passenger vehicles from FY2028-29, said Bharagava. So, that is the situation right now.”

Suzuki 52
article thumbnail

Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW

Green Car Congress

Volkswagen AG and Suzuki Motor Corporation have signed a framework agreement to establish a close long-term strategic partnership. To support a smooth development of this relationship, Volkswagen will purchase 19.9% of Suzuki’s issued shares, in a deal worth about ¥200 billion (about US$2.3 Osamu Suzuki. Osamu Suzuki.

Suzuki 210
article thumbnail

Air Products and Suzuki Shokan jointly to develop hydrogen fueling for Japan’s material handling market

Green Car Congress

Air Products and Suzuki Shokan, an industrial gas company based in Tokyo, will work together on the design, construction and operation of hydrogen fueling stations for use in fueling the material handling vehicle market in Japan. Working with Suzuki Shokan, we can meet the needs of this market.

Suzuki 150
article thumbnail

American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.) Earlier post.)

Suzuki 218