Toyota and Mazda have reached an agreement in which the hybrid champion will supply Mazda with key components used to build a hybrid car that Mazda plans to launch in 2013, according to Japanese daily Yomiuri Shimbun.
The deal will see Toyota provide Mazda with the motor, control system and other hybrid components from the Prius. Batteries for Mazda’s hybrid will be supplied by a joint venture set up by Toyota and Panasonic. The report also says that Mazda will probably fit all these into its Axela, which the rest of the world knows as the Mazda3.
This will be a win-win situation for both parties. For Mazda, it provides much-needed green tech (it already lags behind rivals in this area) without a huge R&D outlay that a company its size may not afford. For comparison, Mazda’s R&D spend for the financial year ending March 2010 is expected to be 92 billion yen, which is about one-eighth of Toyota’s mammoth 800 billion yen.
Toyota meanwhile should be happy with better economies of scale for its hybrid components, most of which is self-developed at high costs.







Class 1 vehicles on the PLUS and ELITE highways will be enjoying a total of 20% discount on toll charges from 12 midnight to 7am (their definition of off-peak) from the 22nd to 24th of December and from the 28th to 30th of December. This is an increase of 10% on top the existing 10% discount currently offered by PLUS and ELITE.


Audi, Lamborghini, Bentley, Bugatti, SEAT, Skoda, Volkswagen, Scania, Porsche, MAN and Suzuki. These are the automotive brands (passenger and commercial) linked to the Volkswagen Group. 12 so happens to be the magic number that Volkswagen board chairman Ferdinand Piech said he would like the group to have in number of brands before they call it a day. None of the brands are standalone motorcycle makers currently.