No financial tie up like Toyota has with Subaru or Nissan has with Renault.The two Japanese automakers will set up a joint committee that will evaluate ways to utilize each other’s strengths, according to a joint press release issued Toyota and Mazda today. The partnership will result in “more appealing cars,” they said, without elaborating.
I wonder what going beyond "traditional framework of cooperation" means. Any ideas on that?* Say agreed to build long-term partnership
* Partnership aimed at leveraging both companies' resources to complement, enhance products, technologies
* To set up joint committee to evaluate how best to use each company's respective strengths
* Committee to encourage broad collaboration across range of fields including environmental and advanced safety technologies
* Agreement to go beyond "traditional framework of cooperation"
traditional ways of two car makers collaboratingReuters reports (in point form)
I wonder what going beyond "traditional framework of cooperation" means. Any ideas on that?
Yes like I said, no financial tie up or merging. Just an alliance like Toyota has with BMW. But me might see more Toyotas (or Scions for that matter coming up from Mexico)traditional ways of two car makers collaborating
that will be quite the concoctionNew details on the relationship. Mazda will give Toyota SkyActiv diesels for its european compacts and Toyota will share prius tech. The two will collab on a diesel PHEV based on the prius...
Toyota, Mazda to collaborate on Prius-based SUV - report
