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|3rd March 2010, 18:35||#1|
Senior - BHPian
Join Date: Mar 2008
Location: Mangalore / Bangalore
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Suzuki buys *another* 5 per cent stake in Maruti
Watch the video here
Exclusive: Suzuki buys 5 per cent stake in Maruti-Corporate-TV-Economic Times
Looks like Suzuki is aggressive on Indian business. Hope to see some better products from Suzuki.
PS: is it triggered by VW acquisition?
|4th March 2010, 12:47||#2|
Join Date: Feb 2004
Thanked: 89,266 Times
Hi Recshenoy, I've edited your thread title to include the word *additional*. Suzuki is already a majority share holder in Maruti and has complete control of the company. What they've done is hiked that stake by another 5%.
Am I surprised? Not at all. India is Suzuki's best market. In recent time, Suzuki sold more cars in India than even home market Japan!
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