Volkswagen and Suzuki to Begin Work on Small Vehicle in January

Once Volkswagen and Suzuki employees return from the holidays on January 10, work will begin on joint projects, according to an Automotive News report.

It is expected that a low-cost car for developing countries is central to the tie-up between the two automakers. Recently, Volkswagen took a 19.9% stake in Suzuki. The stake was reported to be worth about $2.5 billion.