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Volkswagen Reportedly Interested In Buying Stake In Suzuki - Quick Facts

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

Volkswagen AG (VLKAF.PK) is interested in purchasing a stake in Suzuki Motor Corp. (SZKMF.PK) to gain access to Suzuki Motor's small-car technologies, media reports on Tuesday citing to people familiar with the situation.

Volkswagen and Suzuki Motor have been discussing a partnership since June, a person said. A 20% holding in Suzuki is being discussed and a deal could be announced as early as this week.

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