2003 Bmw 745li Base Sedan 4-door 4.4l on 2040-cars

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Toyota and Suzuki partner up on autonomy with capital alliance

TOKYO — Toyota and Suzuki will take small equity stakes in each other, the Japanese car makers said on Wednesday, as they seek to develop newer technologies and meet sweeping changes upending the global auto industry. The tie-up is the latest example of automakers chasing scale to manage costs and boost development. Automakers — especially smaller ones like Suzuki — are struggling to meet the breakneck growth of an industry transformed by the rise of electric vehicles (EVs), ride-hailing and autonomous driving. Toyota will pay around 96 billion yen ($908 million) for a 4.94% stake in Suzuki, while Suzuki will acquire in the market around 48 billion yen ($454 million) worth of shares in Toyota. That is equivalent to 0.2% of Toyota's shares as of Wednesday's closing price, before the announcement. The companies said in a joint statement they intended to overcome challenges facing the industry by "building and deepening cooperative relationships in new fields while continuing to be competitors". They said they would strengthen technologies and products in which each of them specialize in. The firms had said in 2016 they were exploring a partnership, citing technological challenges and the need to keep up with industry consolidation. Earlier this year they said they would produce EVs and compact cars for each other. Automakers around the globe have been joining forces to slash development and manufacturing costs of new technology. Ford and Volkswagen have said they will spend billions of dollars to jointly develop electric and self-driving vehicles. Shares of Toyota and Suzuki closed little changed before the announcement. TOYOTA'S ORBIT The deal brings Suzuki firmly into Toyota' orbit, alongside Daihatsu, Hino Motors, Subaru, Mazda and Yamaha. Rival Nissan has an alliance with France's Renault, although that has been shaken following the ouster of former Chairman Carlos Ghosn, and with Mitsubishi Motors. Honda has a tie-up with General Motors. Toyota has been looking to expand scale in next-generation technology and said this year it would offer free access to patents for EV motors and power control units. It believes that move would help it cut by as much as half the outlays for expanded electric and hybrid vehicle components in the United States, China and Japan. Supplying rivals would greatly expand the scale of production for hardware.

Suzuki and Daihatsu join Toyota electric vehicle venture

TOKYO — Suzuki Motor Corp and Daihatsu are joining a commercial electric vehicle coalition led by Toyota Motor Corp, the carmakers announced on Wednesday, helping the Japanese alliance expand its focus from trucks to smaller cars. The two automakers will each acquire a 10% stake in the joint venture, on par with Isuzu Motors and Hino Motors, while Toyota will hold a 60% stake, they said. "With Suzuki and Daihatsu joining the project and working together, we'll be able to expand our circle of cooperation to not only cover commercial vehicles but also mini vehicles," said Toyota President Akio Toyoda. "With this expansion, I believe that we'll be able to take one step closer to a better mobility society," Toyoda said. The move comes as Japanese automakers face growing competition from tech giants and other rivals making electric and driverless cars. Toyota, Isuzu and Hino launched the Commercial Japan Partnership Technologies Corporation in April to bolster their competitive edge in connected, commercial vehicles. Daihatsu's president Soichiro Okudaira said joining the pact and introducing connected, mini-commercial vehicles would allow data sharing, a major benefit for companies to provide better services to customers and improve logistics efficiency. (Reporting by Eimi Yamamitsu; Writing by Ritsuko Ando; Editing by Louise Heavens) Related Video: Green Suzuki Toyota Daihatsu Electric Akio Toyoda

DAMD Little D kit makes the Suzuki Jimny look like a little Land Rover

When the new generation of the Suzuki Jimny debuted, it drew plenty of comparisons. Mercedes-Benz G-Class, Jeep Wrangler, Toyota Land Cruiser, etc. Pick an old-school-styled boxy off-roader, and it would probably work. But one Japanese Tuner is taking the lookalike comparisons to the next level, focusing on one of the most iconic off-roaders of all time: the Land Rover Defender. DAMD Inc., the tuner that also created a body kit to make the Toyota 86 sports car look like the Lexus LFA supercar, is developing a styling kit that makes the Jimny go full Defender. We can't lie, as much as we love the regular Jimny, this looks pretty damn cool, as well. While the public waits for Jaguar Land Rover to launch the next-generation Defender, this imposter will have to do (for people outside the U.S.—the Jimny is still not available here). The nose alterations make the resemblance impossible to ignore. It adds another headlight dimple for the signature trio and has "LITTLE D" lettering above the grille, which ditches the Wrangler-like vertical slats for horizontal bars. It also adds a beefier front bumper with a more prominent skid plate. The mudflaps, knobby tires and off-roady wheels, bare spare tire, and the angled rear bumper complete the look. The rest of the similarities are already part of the Jimny. The boxy body, the wheel flares, and the roof cap are part of the standard model. Beyond the images, there is not much information on the kit. There's no price, but DAMD notes it is scheduled to release in 2019. That gives us just enough time to move out of the country and order a Jimny. Related Video: