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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.

‘Rides like a dream’

Although aftermarket grips and LED strips are both listed on the ad for this poor Suzuki, there’s no mention of the single disc conversion at the front of the bike. It’s a good job the seller is in no rush to sell. Surely this is the worst looking SV650 ever?You can see the original ad here.

Suzuki Reports Q1 2012-2013 Results

Suzuki reported a 11.7% decrease in motorcycle sales over its first quarter and an operating loss of 3.5 million yen (US$44.5 million) from its motorcycle division. In the quarter ended June 30, 2012, Suzuki sold 573,000 units, down from 649,000 units sold in the same quarter in 2011. Sales were down in most regions though unit sales in the U.S.