• Suzuki ends partnership with Volkswagen and is attempting to get shares back

                    
      		   
      Published on 11-20-2011 11:20 PM
      2 Comments Comments
      Suzuki is officially terminating its partnership with Volkswagen and seeking a return of its shares in arbitration. Suzuki got a bit upset when Volkswagen stated in a report that it could significantly influence financial and operating decisions at Suzuki. Why Suzuki is upset over the truth we have no idea. Suzuki now states it was not given full access to VW technology that is expected. Suzki CEO and chairman Osamu Suzuki stated, “Today, Suzuki terminated the partnership with VW. Suzuki will be seeking the return of its shares from VW in arbitration. I am disappointed that we have to take this action but VW’s actions have left us no choice."

      This article was originally published in forum thread: Suzuki ends partnership with Volkswagen and is attempting to get shares back started by Sticky View original post
      Comments 2 Comments
      1. blkclk550's Avatar
        blkclk550 - 11-20-2011, 11:47 PM
        woopty $#@!ing do
      1. Sticky's Avatar
        Sticky - 11-20-2011, 11:54 PM
        Click here to enlarge Originally Posted by blkclk550 Click here to enlarge
        woopty $#@!ing do
        Well, ok, it's still news.