Volkswagen Aktiengesellschaft and Suzuki Motor Corporation have reached a common understanding to establish a close long-term strategic partnership. A framework agreement has been signed by representatives of both companies today.

In terms of global presence and product diversity, the partnership marks an important step towards the future for both Volkswagen and Suzuki. In terms of product portfolio, global distribution and manufacturing capacities, Volkswagen and Suzuki ideally complement each other. The companies plan a joint approach to the growing worldwide demand for more environmentally friendly vehicles. The management of Volkswagen and Suzuki have concluded that the complementary strengths of each company make for a perfect fit in exploiting their respective advantages as well as rising to the challenge of the global market.

In the automotive industry, where globalization and diversification proceed in parallel, both companies will establish a cooperative relationship while respecting each other’s independence as a stand-alone entity. Both parties are focused on achieving synergies in the areas of rapidly growing emerging markets as well as in the development and manufacturing of innovative and environmentally friendly compact cars.

To support a smooth development of this relationship, Volkswagen will purchase 19.9% of Suzuki’s issued shares. The Closing of the transaction is subject to approval of the relevant authorities and is expected in January 2010. Suzuki intends to invest up to one half of the amount received from Volkswagen into shares of Volkswagen. Both companies will form a long-term strategic partnership based on this which will support their successful strategies in these challenging times.

As demand continues to rise for smaller cars and for powertrains with higher fuel efficiency and lower CO2 output, Volkswagen and Suzuki will offer a compelling solution for customers in emerging markets buying a car for the first time and also for customers in advanced economies seeking to lower their CO2 footprint while still enjoying the freedom of transport offered by an exciting range of cars.

Popularity: 6% [?]

Here are some of the Lamborgini Reventon Roadster pictures at 2009 Frankfurt.

Popularity: 15% [?]

Sepang International Circuit organized a race called Sepang 1000 km (S1k). The event takes place at Sepang International Circuit (SIC), Selangor. Below are the details which eventually starts today. 

• Date: 04/06/2009 – 06/06-2009
• Venue: Sepang International Circuit (SIC), Selangor
• Organizer: Sepang International Circuit (SIC)
• Contact no: +603-87782200
• Website: http://www.sepangcircuit.com/node/1/43

Popularity: 4% [?]

About 19,000 fans gathered at Shanghai F1 circuit to see some professional stunts done organized by GM in conjunction of the launch of 2009 Cadillac CTS-V.

Popularity: 5% [?]

Last July 2008, 11 – 20 to be exact, GAIKINDO (The Association of Indonesia Automotive Industries) organized an international automotive exhibition in Indonesia called 16th Indonesian International Motor Show. The event was held at Jakarta Convention Center.

The exhibition has attracted many car lovers from all over the world. A friend of mine had the opportunity to be one of the visitors there and have taken few pictures of the said exhibition. The pictures include concept car, new car, Malaysia very own ex-Formula 1 driver Alex Yoong as well as a picture of Motor Show Chicks. Try to guess them, I believe most of you are able to.

(click at the picture for a better view)

To get more info about this past event, please visit:

http://www.indonesianmotorshow.com/

Popularity: 9% [?]