Volkswagen and Suzuki to Establish Strategic Partnership; VW to Take 19.9% Stake in Suzuki, Suzuki to Invest in VW
Green Car Congress
DECEMBER 9, 2009
The two companies said that they complement each other in terms of product portfolio, global distribution and manufacturing capacities. We are both presenting our lists and are comparing notes so that we can start from where that would benefit both of us. In 2006, that began to unwind, with GM reducing its holding to 3%.
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