Toyota Motor Corp. will supply small cars are Original Equipment Market (OEM) for Praise Heavy Industries Ltd., a manufacturer of Subaru cars starting early this fall.
As reported by Nikkei and cited Autoblog, Thursday (01.07.2010) this is the first time Toyota will provide cars to fellow Japanese manufacturers, Toyota Motor Corp., which has a 16.5 percent share in the Subaru manufacturer.
This step will improve plant operations, Toyota, because Ractis About 10,000 units will most likely be sent to Fuji Heavy per year, while Fuji Heavy focus on developing medium car.
Toyota will supply the Ractis subcompact car, which is available with two engine options, namely 1.3-liter and 1.5 liters, which will probably get some modification adjustment.
Fuji Heavy decided to accept the subcompact car from Toyota with the prediction that the demand for low prices and vehicle fuel economy will grow.C
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