Cars
It's no secret that Volkswagen's business relationship with Suzuki after the Germans acquired a 19.9 percent of the Japanese manufacture's shares in December 2009 under a strategic cooperation has been a deeply troubled one. However, up until now, the two sides tried to keep the problems "in house".
- Suzuki Moves Ahead Without Vw And Signs New Diesel Engine Deal With Fiat
Regular readers will no doubt remember the clash between the Volkswagen Group and Suzuki Motors with the Germans refusing to let go of their 19.9 percent equity stake in the Japanese company and Suzuki taking the matter to the international court. While...
- Vw Group Says "nein" To Suzuki's Request To Return Its Shares
The feud between Volkswagen Group and Suzuki Motors Corp. continued on Monday as the German automaker issued a press statement saying that it has no intention to sell its 19.9 percent stake in the Japanese company despite the latter's request to...
- Suzuki Tells Volkswagen To Take Back Statements On Breached Contract Or Else…
Hell hath no fury like a woman Suzuki scorned. On Thursday, the Japanese carmaker's CEO, Osamu Suzuki, sent a letter to his counterpart at VW demanding that the German group retracts its statement about Suzuki breaching their 2009 contract. The spark...
- Volkswagen Agrees To Buy 19.9 Stake In Suzuki As It Eyes Small Car And Indian Markets
Confirming rumors that have been circulating for the past few months, Volkswagen and Suzuki announced on Wednesday that they have reached a common understanding to establish a close long-term strategic partnership.Under the agreement, VW will buy a 19.9...
- Gm Sells Leftover Suzuki Stake To Raise Cash
While awaiting a decision on a $25 billion U.S. government aid for the auto industry, cash-strapped General Motors decided to sell back its 3.0 percent stake in Suzuki Motor Cooperation for 22.37 billion yen or $230 million. Suzuki issued an official...
Cars
Official: VW Says Suzuki Violated Agreement by Purchasing Diesel Engines from Fiat
It's no secret that Volkswagen's business relationship with Suzuki after the Germans acquired a 19.9 percent of the Japanese manufacture's shares in December 2009 under a strategic cooperation has been a deeply troubled one. However, up until now, the two sides tried to keep the problems "in house".
But today, following recent comments from the Japanese firm's chairman Osamu Suzuki that the two companies "aren't even talking", the Volkswagen Group decided to make these problems public with an official announcement.
Read more »- Suzuki Moves Ahead Without Vw And Signs New Diesel Engine Deal With Fiat
Regular readers will no doubt remember the clash between the Volkswagen Group and Suzuki Motors with the Germans refusing to let go of their 19.9 percent equity stake in the Japanese company and Suzuki taking the matter to the international court. While...
- Vw Group Says "nein" To Suzuki's Request To Return Its Shares
The feud between Volkswagen Group and Suzuki Motors Corp. continued on Monday as the German automaker issued a press statement saying that it has no intention to sell its 19.9 percent stake in the Japanese company despite the latter's request to...
- Suzuki Tells Volkswagen To Take Back Statements On Breached Contract Or Else…
Hell hath no fury like a woman Suzuki scorned. On Thursday, the Japanese carmaker's CEO, Osamu Suzuki, sent a letter to his counterpart at VW demanding that the German group retracts its statement about Suzuki breaching their 2009 contract. The spark...
- Volkswagen Agrees To Buy 19.9 Stake In Suzuki As It Eyes Small Car And Indian Markets
Confirming rumors that have been circulating for the past few months, Volkswagen and Suzuki announced on Wednesday that they have reached a common understanding to establish a close long-term strategic partnership.Under the agreement, VW will buy a 19.9...
- Gm Sells Leftover Suzuki Stake To Raise Cash
While awaiting a decision on a $25 billion U.S. government aid for the auto industry, cash-strapped General Motors decided to sell back its 3.0 percent stake in Suzuki Motor Cooperation for 22.37 billion yen or $230 million. Suzuki issued an official...