11/12/2009 | By: Add a Comment
SuzukiLogoMonths 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.

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03/02/2009 | By: Add a Comment
Mr. Buffett is lending the American icon the money out of the goodness of his heart, he is receiving a whopping 15 percent on his money, at those rates I can lend Harley some money!

Warren Buffett poses on a motorcycle at the Burlington Hathaway annual meeting in May, 2008.  Berkshire's Geico subsidiary was promoting its motorcycle insurance.
CNBC.com
Warren Buffett poses on a motorcycle at the Burlington Hathaway annual meeting in May, 2008.  Berkshire’s Geico subsidiary was promoting its motorcycle insurance.

The money will be used to support Harley’s finance company and its “ongoing motorcycle lending activities.”  (If a buyer can’t get a loan, it’s harder to buy the bike.), according to cnbc.com.

Harley-Davidson shares gained 15 percent on the news closing at $13.73, but way down from the 52-week high of $48.05.

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15/12/2008 | By: Add a Comment
Bajaj Auto is a major player in two and three-wheeled vehicles. They originally purchased a 14.5 percent stake in KTM last year, which was increased to 20.9 percent earlier this year and has now officially reached 25 percent. The companies have been working together to develop high-efficiency bikes, sourcing for production and the assembling of KTM bikes in India for export to Europe under KTM branding. The commuter version on the same platform in India resides under the Bajaj brand.

Bajaj has also invested 35-240 million Euros developing two platforms, which will be commercially launched by 2010 in India. Without giving official details, the Indian company is planning to increase its stake even more.