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Volkswagen Buys 20 Percent Share in Suzuki

Months of rumors and a more credible report yesterday have culminated in the official news that Volkswagen will take a 20 percent share in Japanese automaker Suzuki, worth $2.5 billion. Volkswagen has its sights set on becoming the world’s largest automaker and with Suzuli’s small-car expertise, it hopes to make a large expansion into developing markets, like India. The news comes just a day after VW officially took a 49.9 percent stake in Porsche.

Third Annual ‘The MEET’ at ACM

More than 2,000 attendees visited America’s Car Museum for its 3rd annual Vintage Motorcycle Festival ‘The MEET’ last weekend in Tacoma, Washington, where over 300 motorcycles and scooters were showcased on the Haub Family Field at LeMay. The event drew pre-1981 motorcycles and scooters from the U.S. and Canada, including an antique motorcycle display, swap meet, cruise-in and a 78-mile roundtrip tour from ACM’s Anderson Plaza to Mt. Rainier.

James Stewart Splits From JGRMX, Signs with Yoshimura Suzuki

James Stewart and the Joe Gibbs Racing MX (JGRMX) Yamaha racing team have agreed to cut ties, ending their multi-year contract after a single AMA Supercross season. Stewart almost immediately signed a new multi-year deal with Yoshimura Suzuki to compete in both the AMA Supercross and AMA Motocross Championships. Stewart had a promising start to the season with JGRMX but wasn’t as competitive as eventual champion Ryan Villopoto or Ryan Dungey.