A rumored deal between Volkswagen and Suzuki has been revived after the VW CEO Dr. Martin Winterkorn told a German magazine that Suzuki would make an “interesting partner.”
“Suzuki would be an interesting partner because of its competency in small cars,” Winterkorn said in an interview with German publication Manager Magazin.
It is believed that Volkswagen is looking for a company like Suzuki to gain expertise in launching a mini-car in emerging markets. The partnership between the two automakers would see the development of a mini car to slot in under the upcoming small cars that will be based on the Volkswagen Up! concept. Currently, Suzuki’s Alto (pictured above) is the number one selling car in India.
In June, Reuters reported that Volkswagen was interested in gaining a 10 percent stake in Suzuki but the Japanese company’s Chief Executive Osamu Suzuki denied any contact between the two companies.
[Source: Reuters]
Toyota Asks ABC News to Retract Runaway Toyota Story, ABC Responds![Tanner Foust Drifts Mulholland Drive In NASCAR V8-Powered Scion tC [Video]](http://www.autoguide.com/auto-news/wp-content/uploads/2010/03/Picture-1-t.jpg)
Tanner Foust Drifts Mulholland Drive In NASCAR V8-Powered Scion tC [Video]
Report: Chevy Considering 4-Door Corvette to Compete With Panamera
Lexus Returning to Nurburgring 24 With New LFA Race Car
Lexus LFA Nurburgring Edition A More Track-Focused Supercar
Investigation of Runaway Prius Uncovers Incident was a Hoax
Make a Comment!