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Volkswagen takes stake in Suzuki

VW takes a 19.9% stake in Suzuki We’re back on the co-operation and rationalisation path again, this time with Volkswagen and Suzuki, with the announcement that VW is to take a 19.9% stake in Suzuki, with Suzuki in turn re-investing up to half of the proceeds in to Volkswagen shares. This deal has been on the cards for some time but has obviously been pushed in to reality by the changing landscape for car manufacturers, where they seek to find a more secure future with takeovers, mergers and partnerships. Which is all very logical, even if it will inevitably lead to less choice for the car buyer in the long term.

Ford offers $1m of design scholarships in memory of William Clay Ford

Ford Motor Company has put aside $1million to be awarded in automotive design scholarships over the next 20 years in order to commemorate the life of William Clay Ford who passed away on Sunday. The Ford Fund will release $10,000 each to five college sophomores or juniors per year who are following a career in car design. William Clay Ford was the last surviving grandchild of company founder Henry Ford and design was his lifelong passion.

Concept Car of the Week: Honda Unibox (2001)

The Tokyo motor show is famous for unusual concepts and the 2001 edition didn't disappoint, featuring some of the weirdest yet. Nissan unveiled the Nails, Toyota its Pod and Isuzu the Zen, but Honda had arguably the most intelligent concept there – the Unibox. With its square shape, truss aluminum frame, wooden floor and flat, glazed walls the Unibox sits on the fence between automobile and architecture.