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Business deals

Toyota-Suzuki India deal shows emerging markets in the driver's seat

The bigger Japanese automaker needs to tap into India's growth

Suzuki will supply Toyota with the Vitara Brezza, a compact SUV made in India.

TOKYO -- Toyota Motor may be Japan's biggest automaker, but it has little presence in India, fast becoming the world's third-largest auto market. Enter local veteran Suzuki Motor.

The two car companies said Thursday they will supply each other vehicles in India, where Suzuki holds a market share of more than 40% through local subsidiary Maruti Suzuki.

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