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Selasa, 06 Agustus 2013

Cold War of Suzuki and VW Still Continues

Cold War vw and suzuki

Tokyo - The news about the reconciliation Suzuki and Volkswagen are indisputable. The cold war is still going on between them. Suzuki has denied there have been discussions with VW.

Disputes both happened after Volkswagen bought a 20 percent stake in Suzuki in January 2009 with a value of 1.7 billion euros. At the beginning of the agreement, Volkswagen will be helped given the way for entry into the Indian market where Suzuki is considered very strong.

Access to environmentally friendly technologies will also be opened. However, the relationship was fractured in September 2011 after VW accused Suzuki had violated their contract by choosing to use diesel engines from Fiat.

After this feud, Suzuki asks Volkswagen to release the shares and will buy again by Suzuki, but VW refused the request.

Previously rumored that the two companies are going to meet to solve the problem. "There are a variety of reports, but there really is not like that fact, so I can not talk about this topic," said Executive Vice President Suzuki Toshihiro.

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