Wednesday, December 9, 2009

VW now owns $2.5 billion Suzuki stake

The world’s third largest auto giant known to us by the name of Volkswagen is all set to grow a bit bigger after the company reached a common understanding to establish a close long term strategic partnership. A framework has been signed today by representatives of both the companies today. The firm had already publicized its intentions to be the world’s No.1 auto giant with its team of 10 brands

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