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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.

Goodbye Hyperbike: Suzuki Ends Hayabusa Production

The legendary beast goes down in history after twenty years of dominating the highways, dragstrips and the earth's surface in general. The hyperbike is being discontinued due to non-compliance with the Euro-4 environmental standard, but its story does not end there. The company is clearly preparing its successor, as indicated by the renewal of the Hayabusa trademarks.

Suzuki Files Chapter 11

From an American Suzuki Motor Corporation press release: AMERICAN SUZUKI MOTOR CORPORATION (“ASMC”) ANNOUNCES RESTRUCTURING AND REALIGNMENT TO FOCUS ON MOTORCYCLES/ATV AND MARINE DIVISIONS ASMC to wind down and discontinue new automobile sales in continental U.S. Consumers will be protected and all warranties will continue to be fully honored BREA, Calif., Nov. 5, 2012 – American Suzuki Motor Corporation (“ASMC” or “the Company”), the sole distributor in the continental United States of Suzuki Motor Corporation (“SMC”) automobiles, motorcycles, all-terrain vehicles and marine outboard engines, today announced that it plans to realign its business to focus on the longterm growth of its Motorcycles/ATV and Marine divisions.