Toyota, Suzuki holding partnership talks

Tokyo

TOYOTA and Suzuki said on Wednesday that they are holding talks about a possible partnership to handle "unprecedented" changes in the global car industry, as Japan's vehicle sector sees a wave of consolidation.

Toyota, the world's biggest carmaker, and small car specialist Suzuki did not announce details but suggested that any partnership could focus on new safety and environmental technologies. "The environment surrounding the automotive industry has been changing drastically and rapidly in an unprecedented fashion," a joint statement said.