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Volkswagen Done It! Bought 1/5 Of Suzuki Motorcycles

  Posted at 07:00:00 PM
  File under  News Suzuki
  Author: Mike Werner
  Location: Normandy, France

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Suzuki logo
Volkswagen has been threatening it for quite some time, with loads of rumors circulating which company VW was going to buy. The rumor was that VW wanted to buy a motorcycle company. After having acquired a good portion of Porsche, the CEO of VW, Ferdinand Piech, a motorcycle lover himself, made it clear that it was in Volkswagen's strategy to get their hands on a motorcycle manufacturer.

The rumor had been circulating that it would be Ducati (the CEO loves Ducatis), or another one of the Italian manufacturers, but instead, in a surprise move, VW bought 1/5 of Suzuki for US$2.5 Billion.

The move makes a lot of sense, since Suzuki also makes small cars that are widely sold in India, giving VW a good grip on that market.

Hmmm. Interesting.

Via: ABC News

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