Suzuki Motor sticking to small cars amid Volkswagen tie-up
Suzuki Motor must stick to what it does best being a small-car maker even as it forges an alliance with Volkswagen that will rank as one of the world's biggest auto empires, its chief executive said on Thursday.
Last month, the Japanese automaker signed a deal with Volkswagen for the German automaker to take a 19.9 per cent stake in Suzuki for $2.5 billion.
The combined annual sales of Suzuki, which makes small cars such as the Swift and the Splash, and Volkswagen, which makes the Beetle and Golf, will total about 8.6 million vehicles, rivaling or possibly besting the world's top automaker, Toyota Motor.
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Last month, the Japanese automaker signed a deal with Volkswagen for the German automaker to take a 19.9 per cent stake in Suzuki for $2.5 billion.
The combined annual sales of Suzuki, which makes small cars such as the Swift and the Splash, and Volkswagen, which makes the Beetle and Golf, will total about 8.6 million vehicles, rivaling or possibly besting the world's top automaker, Toyota Motor.
To read the full article, click here...
To read the ePaper, visit: http://e.mydigitalfc.com
Labels: german automaker, splash, suzuki motors, swift, volkswagen

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