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Volkswagen currently holds a 19.9-percent stake in Suzuki, making the German automaker the largest shareholder in the much smaller Japanese automaker. Will VW try to increase its stake in Suzuki in the future? Not if it's up to Suzuki CEO Osamu Suzuki.

Automotive News reports that Suzuki (the CEO) told members of the Foreign Correspondents' Club that the company his wife's grandfather founded isn't interested in VW taking a piece of the pie "when Suzuki becomes a bigger and more successful company." Suzuki told reporters that his response to VW's request for a larger stake in the company will likely be "let's continue as we are."

Suzuki has reason for thinking about a good answer to VW's potential approach for more shares due to the fact that the German automaker is growing like a boiling wienerschnitzel. The People's Carmaker already possesses 11 brands ranging from Škoda to Lamborghini, and Suzuki says his company has no interest in becoming number 12. Good thing Suzuki said as much, since VW Chairman Ferdinand Piech has reportedly said that he was interested in growing VW's stable of brands to an even dozen.

[Source: Automotive News, sub. req. | Image: Lennart Preiss/AFP/Getty]

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    • 1 Second Ago
      • 5 Years Ago
      I may be biased as my family has an SX4 that I adore... but I still think Suzuki doesn't really get as much respect as it deserves... they've absolutely mastered how to make incredibly small, practical cars. They're the second-best-selling car brand in Japan, as they specialize in the tiny kei-class vehicle market, and absolutely dominate in that market... even outselling Toyota's own small-car brand, Daihatsu.
      • 5 Years Ago
      you don't boil a wienerschnitzel, you fry it.
      and secondly, as its name might suggest, it comes from wien = vienna, austrian capital.
      austria hasn't been a part of germany for quite some time.

      of course, neither of this has absolutely nothing to do with cars, but still, quite a bad choice of a dish.
      • 5 Years Ago
      You go Suzuki. Just say 'NO' to the gluttonous Germans.
        • 5 Years Ago
        Osamu Suzuki-san denies it now...like he denied before that VW was in talks to buy a stake in his keiretsu Suzuki.

        Besides, with no heir apparent currently (a supposed Suzuki-san successor died some yeas ago)...it's only a matter of time (and fruits of the VW-Suzuki labor) for VW to take a bigger stake and take over Suzuki.
        • 5 Years Ago
        Ugh, not that either. If all this continues, we will have three auto conglomerates in the world, telling us what we should buy and we won't have any quirky individual options. Everything will share the same platform and look like a Corolla but be offered with seven different badges to suit your individual lifestyle.

        • 5 Years Ago
        Yeah, just say "yes" to the non-gluttonous American car corporations...
      • 5 Years Ago
      VW should have required that Suzuki give the option for them to double their stake as part of the initial funding. Shame on VW for not using their leverage when they had it.
        • 5 Years Ago
        i dont think they had that much leverage in the first place...
      • 5 Years Ago
      "Boiling wienerschnitzel"!!!!!

      Seriously, I hope that something does come of this little partnership as it is. Hopefully Suzuki will grow faster and more into the North American market.

      Has anyone sat in the Kizashi? I went to the local Auto Show and was really impressed with this car. Now for a test drive.....
      • 5 Years Ago
      Hey, perfect photo for the story. Nice job. Did you make that or find it?
      • 5 Years Ago
      ummm.. steak. Der sizzelengruven.