As part of an operational review following Suzuki’s alliance with Volkswagen AG, Suzuki will end joint development projects with General Motors Co. for hybrid and fuel-cell technologies.

Last month, a comprehensive tie-up was entered between Suzuki and Volkswagen wherein VW became Suzuki’s biggest shareholder with a 19.9% stake. Cross-shareholding between the two companies is part of the pact. As a result, Suzuki’s projects with GM will end in February. Suzuki had counted on General Motors, once its top shareholder, for assistance in developing hybrid and fuel-cell technologies. At the briefing in Hamamatsu, central Japan, Osamu Suzuki, chairman and chief executive, said that Suzuki is in a comprehensive alliance with Volkswagen. He stated that Suzuki will either jointly work with VW or learn from the European company in “every field including hybrid, diesel and electric cars.”

[via autonews - sub. required]

Tags: car news, Suzuki, suzuki gm, suzuki gm partnership end

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