Auto-industry forces combine Nissan Motor Co. and Renault SA of France announced a business and capital tie-up agreement with Daimler AG of Germany on April 7. In December, Suzuki Motor Corp. and Volkswagen AG of Germany struck a capital tie-up deal. The auto industry is undergoing sweeping transformation as markets in developed countries show signs [...]
VW may join Suzuki in Thailand eco-car project Nissan became the first company to launch its eco-car in Thailand with its new March at the recent Bangkok Motor Show. Other Japanese carmakers like Toyota and Honda are expected to follow suit; the latter showed off its New Small Concept at the Thai show. Meanwhile, Volkswagen and Suzuki [...]
Winterkorn: Volkswagen stake in Suzuki is of “paramount significance” Volkswagen Group’ chief Martin Winterkorn says that the recent purchase of a 19.9 percent stake in Suzuki is of “paramount significance” to both automakers. He said that both automakers are planning to start work on joint projects. “We have set up a joint project office in [...]
Already questions were being raised about Nissan’s continuation of sourcing cars from Suzuki, following the Japanese company Suzuki selling one-fifth of itself to VW. Nissan had to go in for a new partner who could provide the opportunity to build new compact cars at cheaper costs, which would take on VW’s future plans with Suzuki,” [...]
VW’s deal not to affect Nissan-Suzuki drive Nissan will continue to source the Pixo, a small car from Maruti Suzuki, until the contract expires in 2012, thus laying to rest any speculation that the Japanese company was reconsidering the deal following Volkswagen’s purchase of a stake in Suzuki. Nissan currently does not have a small [...]
A small car that which would be positioned below super-hatch Fabia would be launched by Skoda Auto India in the next few years. Priced around Rs. 4-5 lakh it will also have a high degree of localisation and would be available in petrol and diesel variants. Though the company has refused to divulge any details, [...]
Suzuki won’t sell more stake to Volkswagen but looking for possibility to buy more stake in Volkswagen Suzuki Motor said on 15 january 2010 that Volkswagen completed its purchase of a 19.9% Suzuki stake for 222.48 billion yen ($2.5 billion), under the new alliance. Suzuki, in return, will invest up to half that amount in [...]
Volkswagen and Suzuki co-developed car will launch in 2013 According to japanese’s asahi newspaper report that Volkswagen and Suzuki co-developed car will launch in 2013 - Suzuki chairman Osamu Suzuki, president said in a press conference in Hamamatsu, announced plans to launch the car was co-developed will lauch in 2013 - we Wants to [...]
Suzuki to end hybrid development with GM TOKYO, Jan 16 (Reuters) – Suzuki Motor Corp said it would end joint development projects with General Motors for hybrid and fuel-cell technologies as part of an operational review following its alliance with Volkswagen AG Suzuki and Volkswagen last month announced a comprehensive tie-up, and Europe’s [...]
Suzuki aims to take more stake in Volkswagen Suzuki aims to take more stake in Volkswagenas the European automaker looks for shareholders willing to sell to Suzuki, the head of the Japanese firm said on Friday. Volkswagen is looking for potential shareholders to sell their stakes to Japan’s Suzuki as the two automakers cement their [...]
