Germany: VW contests Suzuki’s demands

Volkswagen has issued a statement in response to Suzuki's unilateral termination of the Framework Agreement between them and a demand that VW's near 20% stake in the Japanese OEM is surrendered. VW says it is extremely disappointed that the Japanese OEM has demanded mediation after rejecting its offers to rescue the Subscribe to Automotive World … Continued

• By Webmaster
• November 18, 2011