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Volkswagen and Suzuki link up
By David Wilkins
Thursday, 10 December 2009
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German car-maker Volkswagen is entering into a long-term strategic partnership with Suzuki of Japan. The relationship will be cemented via the establishment of a cross-shareholding between the two companies; VW will buy 19.9 per cent of Suzuki, which will in turn invest up to half of the proceeds in Volkswagen shares.
Volkswagen has attempted to strengthen the Asian leg of its operations before. For example, it is one of several companies that have been mentioned as potential suitors for the Malaysian Proton operation, and has substantial activities in China, where it has invested both directly and in cooperation with joint-venture partners. The focus of VW's interest, however, is probably neither China nor Japan but India, where Suzuki has a majority stake in Maruti Suzuki, the first real mass producer of cars in that country.
Should we worry or not
Glen Beck is John the Baptist
Wirelessly posted (BlackBerry9000/4.6.0.297 Profile/MIDP-2.0 Configuration/CLDC-1.1 VendorID/102 UP.Link/6.3.1.20.06.3.1.20.0)
What would VW call a new Hindi built model?
VW buying a stake in another foreign auto manufacturer? thats a new idea..... I wouldn't worry...
Well I always think the
auto suits are not friendly to bikes
Glen Beck is John the Baptist
First they only have 20%, second I read they are only really interested in the mini/micro car lines as VW apparently does not have a real offering there.
Something also about new factories? There has been rumors about a VW motorbike in the past...
VW to produce first motorcycle
VW partnering with KTM