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REPORT: Volkswagen considering stake in Suzuki for micro-car alliance
Posted on June 25, 2009
Suzuki Alto Lapin - Click above for high-res galleryAccording to reports from Reuters and Manager Magazin in Germany, Volkswagen is keen to purchase a 10 percent stake in Suzuki in order to cooperate on future small cars for emerging markets. In its home market of Japan, Suzuki is the second-largest automaker (behind Toyota) and dominates the tiny Kei car market alongside Toyota-owned Daihatsu. These miniature 660cc vehicles are extremely popular in Japan's dense urban settings and Volkswagen reportedly believes this class of automobile holds great promise for emerging markets. In India, for e...
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asia , china , germany , india , japan , japanese , report default explanation




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