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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.

Win Samsung VIP tickets to Donington BSB

Get up close and personal with two of the best riders on the BSB grid at the moment. Thanks to the very generous folk over at Samsung mobile – proud sponsors of the Samsung Crescent Racing Team. We’ve got a pair of FULL VIP hospitality tickets up for grabs for the next round of the BSB championships, to be held at the fantastic Donington Park, as well as the multi-award winning Samsung Galaxy SII Smartphone.

Piaggio, Suzuki Hit with Fines by CARB

The California Air Resources Board has agreed to settlements with Suzuki and Piaggio for selling motorcycles that the companies did not disclose could be modified to exceed the state’s strict emission standards. Suzuki was hit with the larger of the two penalties, agreeing to a fine of $3,020,000, though the amount could be reduced by $1,812,000 if Suzuki follows certain provisions. The penalty is in addition to the previous fine of $885,000 levied by the Environmental Protection Agency for selling 25,396 LT-R450 ATVs and 62 RMX450Z dirtbikes with a racing map programmed into their ECUs that was not certified or tested. This racing map is not initially accessible to customers, unless they buy aftermarket devices to unlock the higher-performance engine mapping.