Volkswagen Buys $2.5 Billion Stake In Suzuki

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Volkswagen will buy a one-fifth stake in Suzuki for $2.5 billion, tapping the Japanese firm’s expertise in small cars and dominance in India as the German manufacturer seeks to become the No.1 automaker. The move is the second by the ambitious VW Chairman Ferdinand Piech this week after a $5.8 billion purchase of 49.9% stake in sports car maker Porsche.