Suzuki-Vw conflict remains unsolved

Article by Christian A., on October 2, 2011

Friday’s deadline for Volkswagen to retract what Suzuki claims to be a defamatory accusation has passed but VW hasn’t made a move to accomplish this. This means that the public feud between the two of them has yet to be resolved. Last week, Suzuki sent Volkswagen a letter to say that it has until Sept. 30 to publicly revoke a statement that Suzuki was in violation of a pact by signing a diesel engine deal with Fiat.

Suzuki said that this claim had hurt its reputation. Suzuki said last Friday that it got a response from VW that was "not worth commenting on."

Suzuki didn’t say what VW specifically said. Suzuki said that it has yet to decide what to do next after its request was ignored. Suzuki spokesman Shigeyuki Yamamura said the company wanted to keep their discussions with VW private. VW didn’t say what its e-mail to Suzuki said but it reiterated its demand that Suzuki should undo the alleged breach of contract within several weeks.

This month, Suzuki CEO Osamu Suzuki asked Volkswagen for a dissolution of their partnership because the German automaker had broken their initial agreement to be equal partners. Volkswagen has refused to sell back its 19.9% stake to Suzuki. The partnership was entered 21 months ago.

If you liked the article, share on:

Pin It

Comments

Recommended

Top Gear has revealed that for its “Stars in a Reasonably Fast Car” segment, it will now be using a slightly enhanced Toyota GT86, which in the U.S. market is...
by - March 24, 2017
Porsche is laying aside any plans of pushing another hybrid hypercar into their line-up -- at least not at this time. Oliver Blume, Porsche Global Chief confirmed in a recent...
by - March 24, 2017
Since 1993, Lexus has produced 4 generations of the Lexus GS, with the GS F amongst its newest member of the family. Unfortunately, rumors are also heating up that the...
by - March 24, 2017
In a leaked image following a presentation held in China, we learned that Czech automobile manufacturer Skoda will soon unveil 2 more new SUVs in China, resulting in a four-model...
by - March 24, 2017
McLaren is said to be designing the next generation of Sports Series, which could include a V6 hybrid among its powertrain options. It was earlier reported that the British automaker...
by - March 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries