Audi, Lamborghini, Bentley, Bugatti, SEAT, Skoda, Volkswagen, Scania, Porsche, MAN and Suzuki. These are the automotive brands (passenger and commercial) linked to the Volkswagen Group. 12 so happens to be the magic number that Volkswagen board chairman Ferdinand Piech said he would like the group to have in number of brands before they call it a day. None of the brands are standalone motorcycle makers currently.
Since Suzuki isn’t officially majority owned by Volkswagen yet, technically it isn’t a brand yet. But 19.9% is more than 0%. So when the announcement came out, a lot of us assumed that it would be hard for Proton to be linked up with Volkswagen again anytime in the future. And now the latest is that Volkswagen chief executive Martin Winterkorn told a German magazine that he does not see any need for any further Merger & Acquisition activity after taking up a stake in Suzuki.
His exact words – “There are some who knock on our door. Some really want to come under our roof as they see we’re on a good path strategically. But we are satisfied with the current line-up.” As for the 19.9% stake in Suzuki, he says time will tell whether Volkswagen will increase that number.