One of the world's largest automobile manufacturers, the German concern Volkswagen AG, plans to acquire 19.9% shares of the Japanese Suzuki Motor Corp.. It will cost him about $2.8 billion. This will create a new alliance.
According to the report Associated PressThe negotiations have already entered their final stage. The creation of the alliance is beneficial to both sides. First of all, the corporations gain access to each other's technology. Volkswagen will share his "green" achievements, Suzuki The German people will learn a lot of interesting things about the creation of miniature cars. In addition Volkswagen will have access to the Asian markets, where the positions Suzuki are very strong.