Suzuki aims to take stake in Volkswagen soon | autos | Hindustan Times
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Suzuki aims to take stake in Volkswagen soon

The head of Suzuki Motor Corp said the company would like to take a stake in Volkswagen AG soon, and has asked Europe's top automaker to find shareholders that could sell their Volkswagen shares to the Japanese carmaker.

autos Updated: Jan 15, 2010 16:19 IST

The head of Suzuki Motor Corp said the company would like to take a stake in Volkswagen AG soon, and has asked Europe's top automaker to find shareholders that could sell their Volkswagen shares to the Japanese carmaker.

Suzuki and Volkswagen AG last month announced a comprehensive tie-up, and Europe's top automaker on Friday became Suzuki's main shareholder with a 19.9 percent stake.

Cross-shareholding between the two firms is part of the pact.