NEW DELHI, Jan. 22 -- Suzuki Motor Corp. is developing a midsize sport-utility vehicle (SUV) for India, aiming to mount a bigger challenge to South Korea's Hyundai Motor Group, which dominates this fast-growing segment, said three people directly aware of the matter.
The new vehicle, code-named 'YFG', is based on Suzuki's popular global SUV brand, Grand Vitara, the people said, requesting anonymity.
Production of the vehicle is likely to begin from 2022 at the factory of Toyota Motor Corp.'s Indian unit in Karnataka, becoming the first Suzuki product to be produced by Toyota in India as part of a wide-ranging partnership between the two Japanese automakers.
The new SUV would be sold under both Suzuki and Toyota brand names, the people sa...