Suzuki 2005 Annual Report Download - page 12

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SUZUKI MOTOR CORPORATION
Suzuki and General Motors Corporation (GM) began a
business partnership in August 1981 and the partnership
has yielded solid results ever since. In September 2000, we
announced a further strengthening of our strategic alliance.
At the end of March 2005, GM's equity stake in Suzuki
amounted to 20%. Both companies have been continuously
expanding their alliances -allowing each company to
express its individual strengths - to deliver competitive
products more quickly around the globe while keeping
investment cost down.
These are some of our accomplishments that will highlight
our partnership with GM;
・Suzuki and GM agreed on the production of the new
GM-designed global V6 engine (3.2L and 3.6L) at Suzuki's
Sagara plant in Shizuoka, Japan from 2006. The new global
all-aluminum V6 engine features dual overhead cam with 4
valves per cylinder, incorporating the latest technologies
such as continuously variable valve timing. The engines built
at Sagara Plant will go onto Suzuki-badged vehicles.
・The first ever Suzuki mid-sized SUV, derived from the
"Concept X" revealed at 2005 Detroit NAIAS autoshow, will
go into mass-production at CAMI (Ontario, Canada), a joint
venture with GM, in 2006
・In addition to the joint-developed Chevrolet Cruze
manufactured at Suzuki's Kosai Plant and sold by Suzuki in
Japan from November 2001, Suzuki began importing and
distributing the U.S.-made Chevrolet TrailBlazer in January
2004 and the Chevrolet Astro in March 2004. Furthermore,
two models have been added to strengthen the Suzuki
compact car line-up -the Chevrolet Optra Sedan in January
2005 and its Station Wagon in February.
・In August 2003, Suzuki began selling 2.5L passenger
car Verona and 2.0L passenger car Forenza series
(Sedan/ Hatch Back/ Wagon), made by GM-Daewoo Auto &
Technology in Korea, at American Suzuki Motor Corporation.
And in November 2003, Suzuki Canada Inc began selling
Verona and 1.6L Swift＋also made by GM-Daewoo Auto &
Technology in Korea.
−11−
Strategic Alliance with General Motors Corporation
Suzuki has tighted the bonds with GM and
alliance partners.
The mid-sized SUV,derived from the"Concept X",
will go into production at CAMI
Chevrolet TrailBlazer EXT LT