Volkswagen Agrees to Buy 19.9 Stake in Suzuki as it Eyes Small car and Indian Markets
.fullpost{display:inline;} Confirming rumors that have been circulating for the past few months, Volkswagen and Suzuki announced on Wednesday that they have reached a common understanding to establish a close long-term strategic partnership.Under the agreement, VW will buy a 19.9 per cent stake in Suzuki Motor Corp for 225 billion Yen (approx US$2.5 billion)
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