Tokyo/Wolfsburg, - Volkswagen Aktiengesellschaft and Suzuki Motor Corporation have reached a common understanding to establish a close long-term strategic partnership. A framework agreement has been signed by representatives of both companies today.
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Volkswagen AG plans to take a stake of up to 20 percent in Suzuki Motor Corp., providing Suzuki with a much-needed development partner and giving VW access to better small car technology.
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Volkswagen AG plans to take a stake of up to 20 percent in Suzuki Motor Corp., providing Suzuki with a much-needed development partner and giving VW access to better small car technology.
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General Motors and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners.
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General Motors of Canada has said it will acquire full ownership of the CAMI Automotive Incorporated (CAMI) car assembly joint venture in Ingersoll, Ontario, through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor.
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General Motors Co. and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners.
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General Motors Co. and Suzuki Motor Corp. are ending their CAMI joint assembly operation in Canada, with Suzuki selling its 50 percent stake to GM in a move that severs another tie between the partners.
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General Motors of Canada Limited today announced that it will acquire 100 percent ownership of CAMI Automotive Incorporated (CAMI) through a purchase transaction to buy shares currently owned by long-time partner Suzuki Motor Corporation.
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Maruti Suzuki has exported 100,000 A-star/Alto in less than a year since production began, the automaker announced. The model is also built for Nissan as the Pixo on an OEM basis.
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Maruti Suzuki, India's largest carmaker, plans to boost output by up to 75% to between 1.5 and 1.75m units a year by 2015 as it seeks to maintain its lead position in the fast-growing domestic market.
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No, Yoshimura USA is not leaving the AMA Superbike series now that legendary and supreme development rider Mat Mladin is in retirement, and they stand to take a walloping in 2010 from Yamaha, based on results from the last part of the 2009 AMA season.
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Suzuki Canada's president, Seiichi Maruyama, was explaining the name of his company's latest model to me. It's Japanese for the phrase "Something great is coming".
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American Suzuki Motor Corp. has priced its Kizashi mid-sized sedan from $19,734, including shipping. The price is for a model with front-wheel drive and a six-speed manual transmission.
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Suzuki Motor on Monday tripled its net profit forecast for the financial year to 31 March 2010 to JPY15bn from an earlier projected JPY5bn on cost-cutting efforts, although the new figure represents a year on year fall of 45.3%.
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Suzuki Motor Corp. today quadrupled its annual operating profit forecast as sales soared in its main Indian market, setting it apart from other Japanese automakers that have depended heavily on the sinking U.S. market.
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Suzuki CEO Osamu Suzuki said there was no truth to reports it was in talks to tie up with Volkswagen. "There's a saying that there's no smoke where there's no fire, but you're all creating smoke where there's no fire in this case," he said.
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Suzuki CEO Osamu Suzuki said there was no truth to reports it was in talks to tie up with Volkswagen. "There's a saying that there's no smoke where there's no fire, but you're all creating smoke where there's no fire in this case," he said.
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In News Brake: The Suzuki Kizashi is customized for SEMA, Volkswagen sketches a future sedan, and Ford drops an EcoBoost engine into a replica '34 Coupe . . . But Wait, There's More!
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In News Brake: The Suzuki Kizashi is customized for SEMA, Volkswagen sketches a future sedan, and Ford drops an EcoBoost motor into a replica '34 Coupe . . . But Wait, There's More!
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Early reports on the new Suzuki Kizashi are that it's a blast to drive. At SEMA, Suzuki will show four Kizashis that are cool to look at, too.
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