Japan: Suzuki demands transfer of VW’s 20% stake

Following a meeting of its board of directors, Suzuki has announced it has terminated the Framework Agreement it entered into with Volkswagen in December 2009 and that it has notified the German OEM of this termination. Suzuki has also notified Volkswagen of its demand that Volkswagen transfer its 19.89% holding Subscribe to Automotive World to … Continued

• By Webmaster
• November 18, 2011