Archive for December 10th, 2009
MAZDA plans real Rav4 fighter for Europian market in 2011
MAZDA is preparing for the market to rebound by lining up several new vehicles with fuel-economic petrol engines. Within in the next two to three years, Mazda will launch an all-new Tribute based on the Ford Kuga and a Mazda5 MPV with styling cues from the Nagare concept. Jointly developed by Ford and Mazda , the [...]
Germany’s Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion
Germany’s Volkswagen AG will buy a one-fifth stake in Suzuki Motor Corp for $2.5 billion, Under the agreement, Volkswagen will buy a 19.9-percent stake in the Japanese automaker for around JPY 222.5 billion (USD 2.5 billion) in January, making it the top shareholder. The latest deal, confirming an earlier Reuters report, will see Suzuki invest [...]