Toyota Motor Corp <7203.T> and Suzuki Motor Corp <7269.T> on Monday said they have agreed to begin formal talks aimed at forging a partnership between the two Japanese car makers in shared procurement, green vehicles, IT and safety technologies. 7269.T>7203.T>
Toyota and Suzuki said in October they were exploring a partnership, citing technological challenges facing automakers and the need to keep up with consolidation in the global auto industry.
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(Reporting by Naomi Tajitsu; Writing by Tim Kelly; Editing by Chris Cushing)