2008 Suzuki Sx4 Base Hatchback 4-door 2.0l on 2040-cars

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Toyota and Suzuki partner up on autonomy with capital alliance

TOKYO — Toyota and Suzuki will take small equity stakes in each other, the Japanese car makers said on Wednesday, as they seek to develop newer technologies and meet sweeping changes upending the global auto industry. The tie-up is the latest example of automakers chasing scale to manage costs and boost development. Automakers — especially smaller ones like Suzuki — are struggling to meet the breakneck growth of an industry transformed by the rise of electric vehicles (EVs), ride-hailing and autonomous driving. Toyota will pay around 96 billion yen ($908 million) for a 4.94% stake in Suzuki, while Suzuki will acquire in the market around 48 billion yen ($454 million) worth of shares in Toyota. That is equivalent to 0.2% of Toyota's shares as of Wednesday's closing price, before the announcement. The companies said in a joint statement they intended to overcome challenges facing the industry by "building and deepening cooperative relationships in new fields while continuing to be competitors". They said they would strengthen technologies and products in which each of them specialize in. The firms had said in 2016 they were exploring a partnership, citing technological challenges and the need to keep up with industry consolidation. Earlier this year they said they would produce EVs and compact cars for each other. Automakers around the globe have been joining forces to slash development and manufacturing costs of new technology. Ford and Volkswagen have said they will spend billions of dollars to jointly develop electric and self-driving vehicles. Shares of Toyota and Suzuki closed little changed before the announcement. TOYOTA'S ORBIT The deal brings Suzuki firmly into Toyota' orbit, alongside Daihatsu, Hino Motors, Subaru, Mazda and Yamaha. Rival Nissan has an alliance with France's Renault, although that has been shaken following the ouster of former Chairman Carlos Ghosn, and with Mitsubishi Motors. Honda has a tie-up with General Motors. Toyota has been looking to expand scale in next-generation technology and said this year it would offer free access to patents for EV motors and power control units. It believes that move would help it cut by as much as half the outlays for expanded electric and hybrid vehicle components in the United States, China and Japan. Supplying rivals would greatly expand the scale of production for hardware.

Junkyard Gem: 1991 Geo Metro LSi Convertible

Beginning in 1985, General Motors brought over Suzuki Cultuses and sold them here with Chevrolet Sprint badges, which Americans bought in surprisingly large numbers (considering the crash in fuel prices around that time). When the time came for The General to launch a separate brand selling rebadged Japanese machines— Geo— the second-generation Cultus became the Geo Metro. Sporting a fuel-sipping three-cylinder engine, the Metro mostly sold to penny-pinchers interested only in cheap commutingÂ… but GM decided to make a fun convertible version, anyway. Here's one of those cars, finally retired near Denver at age 30. The 1991 Metro hierarchy started with the El Cheapo base and XFi models, at $6,795 (about $13,810 today), then moved up to the better-equipped LSi. The LSi hatchback coupe cost $7,795 ($15,840 in 2021), while the LSi convertible stood at the top of the Metro pyramid at $9,740 ($19,795 now). Believe it or not, Ford managed to undercut the 1991 Metro with its Mazda-built Festiva, priced at $6,620 in its cheapest form. You could buy a Suzuki-badged version of this car, known as the Swift, and the Swift GT had a screaming four-cylinder engine. 1995 and later Metros also had the option of a four-banger, but a 1.0-liter three-cylinder was the only engine available in the 1991 Geo Metro. If you wanted to get close to 60 highway miles per gallon, the Metro XFi had a specially-tuned 1.0 that delivered, though it sent a mere 49 horsepower to the front wheels (the last new car available in the United States with under 50 horsepower— including highway-legal EVs— was the 1993 Metro XFi, by the way). The engine in today's Junkyard Gem was rated at 55 horses. A five-speed manual transmission was standard equipment in every 1991 Metro, though a thoroughly miserable three-speed slushbox could be had for $465 extra (about $945 today). Because most Metro buyers wanted fuel economy first and foremost, automatic Metros are rare (though I have managed to find one in a boneyard). How many total miles? The five-digit odometer means we'll never know. The 1991 Metro convertible came from Japan, but all the others sold here that year were built in Canada. Today, that plant builds the Chevy Equinox. A new convertible for less than 10 grand was a steal in 1991, when a new Mercury Capri convertible cost $12,588.

Suzuki, please come back and bring the Alto Works with you

The list of JDM vehicles we'd love to see imported into the United States keeps growing. But if there's one we could wish for in 2016, we dare say it's the one you see here. It's called the Suzuki Alto Works, and it looks like an absolute riot. The Alto, for those unfamiliar, is a tiny little Kei car. It rides on a 97-inch wheelbase and weighs less than 1,350 pounds, which makes it not only smaller than a three-door Mini, but also about half its weight. All it needs is a 660cc inline-three to pull it around the streets of Tokyo. And perhaps best of all, where the previous Alto adopted rounded, cutesy styling, the new model introduced in Japan a year ago takes a more squared-off, industrial design that looks much better to our round eyes. Suzuki made a punchy little Alto Turbo RS version (which you can scope out in the extra gallery below) that increased output to a still-puny 64 horsepower and 70 pound-feet of torque. And it won multiple awards for its compact, fun-to-drive nature. But now the Japanese automaker has made the Alto even more enticing with the new Works model. It's based on the aforementioned Turbo RS, but packs some key upgrades. Where the Alto Turbo RS was only available with an automatic, the new Alto Works can be had with a short-throw five-speed manual – driving either the front wheels alone or all four. Suzuki also boosted output modestly to 74 lb-ft, improved the throttle response, and recalibrated the steering for better accuracy. New 15-inch wheels are fitted to a retuned suspension with KYB shocks. It's all done up in a gunmetal finish with black trim, red-painted front calipers, and an interior with Recaro racing buckets, steel pedals, red stitching, and a boost gauge that changes color from white to red as it spools up. All of that can be had from only 1,509,840 yen, which may look like a lot, but translates to just $12,500 at current exchange rates. If only Suzuki still sold in the US market, because it does some of the best little hatchbacks around. And the new Alto Works looks like it'd be a hoot to drive.