VW has announced today that they've bought a 19.9% stake in Japanese carmaker Suzuki.
I think it's brilliant. Suzuki, as of recently, has been churning out cars that have actually been worth the mention like the Swift which have a few awards in it's pockets and even the SX4 which handles like a dream. Both companies will be sharing their tech knowledge and working together on things like fuel-efficient and low-emission vehicle technologies. I'm quite excited with this prospect...with such a relation, I'm sure Suzuki is going to find a way in improving their cars build and fittings quality, getting them one-up on the competitors in Japan like Honda and Toyota and also in overseas market.
This is a continuing expansion for VW, after having rode the turbulent waves of the economical instability better than it's major competitors, even taking over Toyota as the largest auto maker some months back.
A little trivia I stumbled upon: Did you know Suzuki held the number 1 spot in the local (Japan) mini car segment for more than 30 years! Daihatsu snatched that away 2 years ago though.