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...All rights reserved Related stories Suzuki and Daihatsu to invest in Toyota EV alliance VW to make EV batteries with China’s Guoxuan in Germany Chip crunch catches up with China auto sales for double-digit...
...VW and Ford in July announced an alliance in both electric and autonomous cars, while Toyota has teamed up with Subara and Suzuki to enter the EV space....
...Asian manufacturers such as Suzuki began building mini-SUVs more than a decade ago. However, a confluence of factors is now stimulating much bigger customer interest in Europe and the US....
...Related reading: VW in India: who needs Suzuki? beyondbrics Maruti: never mind the numbers, beyondbrics Indian workers demand greater rewards, FT Suzuki plans India expansion, FT...
...VW said it did not want to sell its Suzuki shares and there was no way Suzuki could force it to do so....
...VW acquired a 19.9 per cent stake in the Japanese group, while Suzuki bought about 2.5 per cent of VW....
...Suzuki serves VW with legal notice Suzuki has served Volkswagen with a legal notice accusing the German carmaker of breaching their co-operation agreement and demanded the right to buy back VW’s stake, propelling...
...In December, Suzuki signed a deal with VW in which the German group bought 19.9 per cent of Suzuki for Y222bn....
...The carmaker has embarked on an acquisition spree in recent months, buying 49.9 per cent of Porsche for €3.9bn and spending a further €1.7bn on a 19.9 per cent stake in Suzuki, the Japanese small car specialist...
...For Sanford Bernstein car industry analyst Max Warburton, a combination with Suzuki would probably provide VW with even better value than the Porsche deal....
...It also acquired a 20 per cent stake in Japan’s Suzuki to expand its international reach and its catalogue of brands....
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