Suzuki Motor Co. is planning to develop joint products with Volkswagen for the global markets. This would create some very favourable opportunities for Maruti Suzuki.
Suzuki chief Osamu Suzuki, who was in India, said that the company was planning to synergise operations with VW after it bought a 19.9% stake in Suzuki earlier this year. “The vehicles would be sold in the global markets in case the joint product development happens”.
Suzuki’s statement comes months after Christian Klingler, a Volkswagen board member, had told that VW could take the help of Maruti in developing a new car that would be placed below the Volkswagen Polo.
Suzuki said that joint component production would be the “starting point” of the engagement between the two companies. “For Suzuki, it would be wise to develop those models that are sold in India. VW sells large volumes in China,” he said. However, the two companies do not have any plans to retail each other’s vehicles through their channels.