New partnership between Volkswagen and Suzuki

This time in particular has been the Volkswagen Group has finally decided to seal an industrial alliance while shareholder with the signing Suzuki , which happens to take no more and no less than 19.9 percent of its capital and also becoming its largest shareholder.

This operation will lead to Volkswagen having to spend around 1,700 million euros, yet ensures that Suzuki will follow an independent business as usual. Under this new agreement, there are also referred to Suzuki to invest 850 million in shares of VW . It also earmarked another 765 million to clean up its debt and improve its financial position.
With this new merger of these corporations, the German group is getting closer to its goal to unseat Toyota as world leader in vehicle production. In addition, Suzuki will now open to VW the gates of the Indian market, which as you know is sales leader by far.