Following weeks of rumour, German publication Automobilwoche has today published a report that states ‘Volkswagen is expected to take a stake in Suzuki by the end of this year’, citing an unnamed Suzuki executive as reference.
“We expect that there will be a basic agreement this year,” the unnamed source was quoted as saying at Frankfurt Motor Show. “For Suzuki and VW this connection would be a win-win situation. Suzuki would have access to a variety of VW’s technology, while Volkswagen would have a solid supporting leg in India and Southeast Asia.”
There has been speculation previously that VW would be interested in such a partnership with Suzuki with an article in June stating the two manufacturers were in talks on the topic of ultra-small car production, a claim later denied by both parties.
Last Monday, VW’s CEO Martin Winterkorn said that the product portfolio of Suzuki would fit well with that of VW, declining to comment further.
CarAdvice will keep you posted on any developments with the situation as they come to hand.