General Motors and Suzuki officially loosen ties

Confirming rumors that we reported first late last month, General Motors and Suzuki will not be working together to sell cars in Japan anymore, nor will the two automakers follow through with the partnership undertaken in 2001 on development of some new vehicles. A Suzuki spokesperson says that the move stems from a meeting between GM chief Richard Wagoner and Suzuki chairman Osamu Suzuki. The two companies are scaling back their relationship in response to the reduction of GM's stake in Suzuki from 20 percent to three percent. As a result, Suzuki will discontinue the sale of two GM models, one of them being the Chevy TrailBlazer, and the two companies won't be working on the next Chevrolet Cruze compact car (pictured).

[Source: The Daily Yomiuri]

Reader Comments (Page 1 of 1)








Autoblog Podcast #155: 'Twas the night before LA...

Chris, Dan, and Editor Paukert go over some LA Preview action and quietly whoop it up on the podcast.

 
 

Featured Galleries

  • LA 2009: 2011 Chevrolet Cruze
  • Live: 2011 Cadillac CTS Coupe
  • 2011 Audi A8
  • 2011 Audi A8: Live from Miami
  • 2011 Chevrolet Cruze
  • 2011 BMW 5 Series sedan
  • Texas unveils new Vanity Plates
  • Spy Shots: Next-gen Buick Excelle for China
  • 2011 Cadillac CTS Coupe
  • Hyundai 2.4L Theta-II GDI
  • Ginetta G50EV and John Surtees at the Channel Tunnel
  • 2010 Toyota Land Cruiser

AOL Autos

Find Your Next Car

Autoblog Video


Autoblog Green

Daily Finance

Download Squad

Engadget

Joystiq

Autoblog Spanish

Switched.com

FanHouse

Asylum