Suzuki Motor Corporation and Mitsubishi Motors Corporation Agree on OEM Supply of Compact Passenger Vehicles
Tokyo, December 24, 2010-Suzuki Motor Corporation (Suzuki) and Mitsubishi Motors Corporation (MMC) have mutually agreed on OEM supply of Suzuki's SOLIO compact passenger vehicle to MMC.
Suzuki will supply MMC with about 800 SOLIOs per month beginning from spring 2011.
The OEM supply is expected to generate new customers for MMC, as it will make possible response to a wide variety of customer needs by adding a new genre to MMC's existing lineup – a "compact height wagon."
Through the OEM supply to MMC, Suzuki aims to improve its productivity and lower production and development costs through further increasing economies of scale.
This OEM supply is limited to the Japanese market.
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