Monday, March 23, 2009

Volkswagen and Toyota to Join - The Latest Update

Europe's biggest automaker Volkswagen is seeking a partnership with the world's no. 1 Toyota. If their partnership goes well, the two companies could become the world's strongest player.


Christian Wulff, the chief minister of the German state of Niedersachsen, met with Toyota president Katsuaki Watanabe at Toyota headquarters in Japan on Wednesday to discuss building a technology partnership between the two companies. If it picks up speed, it could lead to unprecedented synergy effects.


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