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Volkswagen takes stake in Suzuki
Wed, 09 Dec 2009VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.
Volkswagen Polo R WRC Street previews production VW Polo R
Thu, 17 May 2012Volkswagen Polo R WRC Street The Volkswagen Polo R WRC Street that’s heading for the Worthersee Tour previews a production model of the VW Polo R. This time last year Ulrich Hackenberg, a VW Board member, confirmed that VW intended to build a production Polo R, and the Volkswagen Polo R WRC Street that’s arrived at the Worthersee Tour this week gives us a pretty good idea of what a Polo R will offer. VW make no mention of a 4WD platform for the Polo R in the stuff they’ve sent us, but with a 4WD version of the Polo platform developed for the Audi S1 and the Polo WRC car it seems likely VW’s new baby pocket rocket will be 4WD too.
BMW-Mercedes alliance: the latest news
Mon, 06 Oct 2008By Georg Kacher Motor Industry 06 October 2008 17:13 BMW and Mercedes are continuing to work on joint projects, CAR can reveal. The two premium brands reckon working together might just stave off the threat of the credit crunch, collapsing car sales in key markets and the uncertainty wobbling the very foundations of the motor industry. But the BMW-Merc collaboration is proving difficult, according to executives in Germany contacted by CAR.