Suzuki has just revealed its all-new wagon and it looks oddly familiar.

That's because just like the Across (rebadged RAV4) they revealed two months ago, this Suzuki Swace is a rebadged Toyota Corolla Wagon.

Visually-speaking, the wagon looks almost exactly like the Corolla Wagon. Perhaps the only difference the Swace has against the Corolla is its slightly altered front fascia. The Swace has its own unique front bumper and lower air intakes, along with a different front grille.

2021 Suzuki Swace is a rebadged Toyota Corolla Wagon image

Beyond that, it relatively retains the original design of the Corolla Wagon. From the alloy wheels to the eye-catching taillights, as well as the sloping roofline and edgy LED headlights, the Swace is a looker in every direction.

Like the exterior, the cabin of the Suzuki Swace is also borrowed from the Corolla Wagon. It has the same 8-inch touchscreen infotainment system with Bluetooth, Apple CarPlay, and Android Auto, a Qi wireless phone charging system, dual-zone automatic climate control, leather interior, heated steering wheel/front seats, and the digital instrument panel.

2021 Suzuki Swace is a rebadged Toyota Corolla Wagon image

The Swace even has a wide array of intelligent safety systems via the Toyota Safety Sense. These include pre-collision assist, lane tracing assist, road sign assist, dynamic radar cruise control, blind-spot monitor, and rear cross-traffic alert.

If you need to haul stuff, the wagon can swallow 596 liters worth of cargo with the rear seats up. Fold down the rear seats, and the Swace can easily carry 1,232 liters of luggage.

2021 Suzuki Swace is a rebadged Toyota Corolla Wagon image

Under the hood, the Swace has a 1.8-liter hybrid powerplant that is helped along by an electric motor and a 3.6 kWh battery pack. It makes a total system output of 122 PS along with 142 Nm of torque. Power is then sent to the front wheels via a CVT. There are also three drive modes to choose from; Normal, Eco, and Sport.

2021 Suzuki Swace is a rebadged Toyota Corolla Wagon image

While the prospect of having a Suzuki wagon is enticing, sadly the Swace will only be offered in Europe. This means that the Swace will serve as the brand's wagon contender in the continent. But with Toyota also offering the Corolla Wagon Hybrid over in Europe, a price war between these two could be brewing.