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
We can’t afford to spend a lot of time on this, we want to be speedy. million motorcycles in the 2008/2009 financial year. Suzuki had established a strategic alliance with General Motors in 1981, which ultimately resulted in GM holding 20% of the company. In 2006, that began to unwind, with GM reducing its holding to 3%.
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