Cars
Hell hath no fury likea 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.
- Unhappily Ever After: Suzuki Says Vw Deal Is Terminated, Wolfsburg Doesn’t Think So…
Suzuki announced today that the cooperation agreement with VW has been terminated and threatened to take the case to an international court for arbitration if the German company continues to hold on to its 19.9% stake. “In the absence of VW’s...
- Vw Stands By Its Allegations, Says Suzuki Is “being Theatricalâ€
After the Saab saga, we now have a new automotive tale that is bound to capture our attention in the coming weeks or perhaps even months: the VW-Suzuki feud, with the former accusing its (supposed) partner of contract breach, and the latter responding...
- 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...
- New Suzuki Wagon R And Wagon R Stingray
The all-new 2009 Wagon R and its sportier sibling, the Wagon R Stingray were introduced in the Japanese market today. Both models are based on a revised platform with a longer wheelbase that promises to improve cabin space over the outgoing Wagon Rs....
Cars
Suzuki Tells Volkswagen to Take Back Statements on Breached Contract or Else…
Hell hath no fury like
The spark that ignited this heated war of words between the two partners was Suzuki’s decision to choose Fiat as a supplier of diesel engines instead of VW. The German group said on September 11 that Suzuki had breached their contract with this decision, while Suzuki vehemently denies it violated the terms of their agreement.
Read more »- Unhappily Ever After: Suzuki Says Vw Deal Is Terminated, Wolfsburg Doesn’t Think So…
Suzuki announced today that the cooperation agreement with VW has been terminated and threatened to take the case to an international court for arbitration if the German company continues to hold on to its 19.9% stake. “In the absence of VW’s...
- Vw Stands By Its Allegations, Says Suzuki Is “being Theatricalâ€
After the Saab saga, we now have a new automotive tale that is bound to capture our attention in the coming weeks or perhaps even months: the VW-Suzuki feud, with the former accusing its (supposed) partner of contract breach, and the latter responding...
- 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...
- New Suzuki Wagon R And Wagon R Stingray
The all-new 2009 Wagon R and its sportier sibling, the Wagon R Stingray were introduced in the Japanese market today. Both models are based on a revised platform with a longer wheelbase that promises to improve cabin space over the outgoing Wagon Rs....