Volkswagen the new GM?
Posted: Wed Dec 09, 2009 4:22 pm
As of yesterday it sounds like Volkswagen plans to acquire 20% of Suzuki over the next year which should be worth about $2.8 billion. In the future it sounds like they would like to get about 1/3 so that they could have more control.
Today's News
Volkswagen to acquire nearly 20 percent stake in Suzuki
Monday's News
VW acquires 49.9% stake in Porsche sportscar operations
It defiantly looks like Volkswagen is on its way to have a ridiculous number of brand names.
Today's News
Volkswagen to acquire nearly 20 percent stake in Suzuki
Monday's News
VW acquires 49.9% stake in Porsche sportscar operations
It defiantly looks like Volkswagen is on its way to have a ridiculous number of brand names.