Team-BHP > The Indian Car Scene
Register New Topics New Posts Top Thanked Team-BHP FAQ


Reply
  Search this Thread
2,074 views
Old 3rd March 2010, 18:35   #1
Senior - BHPian
 
recshenoy's Avatar
 
Join Date: Mar 2008
Location: Mangalore / Bangalore
Posts: 1,128
Thanked: 254 Times
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?
recshenoy is offline  
Old 4th March 2010, 12:47   #2
GTO
Team-BHP Support
 
GTO's Avatar
 
Join Date: Feb 2004
Location: Bombay
Posts: 70,501
Thanked: 300,621 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!
GTO is offline  
Reply

Most Viewed


Copyright ©2000 - 2024, Team-BHP.com
Proudly powered by E2E Networks