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:

Comments

Recommended

The first time Porsche revealed the Panamera Sport Turismo to the public was during the 2017 Geneva Motor Show earlier this year. And now it has already entered production, and...
by - July 27, 2017
Autocar has got some juicy rumours for us regarding a new McLaren hypercar. The British publication has inside sources claiming that a new model will be added to the Ultimate...
by - July 27, 2017
Ferrari has recently launched the New Power15 extended warranty program. The company developed this program in response to the notion that supercars are very expensive to maintain. Truth be told,...
by - July 27, 2017
The UK it seems is about to take the same road as its neighbouring country France by banning sales of petrol and diesel vehicles beginning 2040. As reported by The...
by - July 27, 2017
What has BMW been up to lately? The company recently announced that they are currently focusing on electrification, and so far, their new architecture will enable “electrification of every model...
by - July 26, 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