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Volkswagen Buys 20 Percent Share in Suzuki

Months of rumors and a more credible report yesterday have culminated in the official news that Volkswagen will take a 20 percent share in Japanese automaker Suzuki, worth $2.5 billion. Volkswagen has its sights set on becoming the world’s largest automaker and with Suzuli’s small-car expertise, it hopes to make a large expansion into developing markets, like India. The news comes just a day after VW officially took a 49.9 percent stake in Porsche.

Dropped Suzuki Dealerships Represented Only 2.5% of Retail Sales

American Suzuki raised some eyebrows after news broke yesterday the company was cancelling franchise agreements with numerous dealerships in the U.S. The company was already under close scrutiny after making the bold decision to quit selling cars to focus on powersports when it filed for Chapter 11 in November. Reducing its dealer network appears to go against that idea, at least on the surface.

Suzuki Prepares For Season Finale LeMans 24hr Endurance Race

The Suzuki Endurance Racing Team, or SERT, has had a rough 2014 endurance season. The defending champions haven’t scored a single victory this year, but are hoping its fortunes turn for them during this weekend’s season finale: the grueling 24 hours of LeMans. Yes, motorcycles participate in this classic race, but the course configuration is entirely different from what the car guys use. See the full press release below and the conditions SERT needs to claim its 14th title.