Filed under:
Budget,
Suzuki,
Volkswagen,
Renault
Suzuki Alto Lapin - Click above for high-res gallery
Just a few months back,
Manager Magazin in Germany reported Volkswagen chairman Ferdinand Piech was
interested in procuring a small stake in Suzuki. Those rumors were
subsequently denied by Osamu Suzuki, chief executive of the automaker that bears his name.
Now, news from the same source that there may have been a bit more truth to those initial rumors than Suzuki was willing to admit. Says VW Chief Executive Martin Winterkorn, "Suzuki would be an interesting partner because of its competency in small cars." As before, the German magazine suggests that Volkswagen would either purchase a 10-percent stake in Suzuki or enter into a joint venture for the production of small cars for emerging markets.
Of course, even if there have been talks between VW and Suzuki, the German automaker already has plenty on its plate at the moment in the form of a
merger with longtime partner Porsche. Perhaps, then, there's room for Renault, which is also reportedly interested in working with Suzuki on future small car projects.
Gallery: Suzuki Alto Lapin
[Source:
Reuters]
REPORT: Volkswagen interested in partnership with Suzuki, still originally appeared on
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25-08-2009, 03:50 PM
