Osamu Suzuki, chief executive at the Japanese automaker that bears his name, has once again conclusively stated that there is no impending tie-up between the two automakers:
All smoke and no fire? We'll know soon enough – rumor has it that the deal, if it exists at all, will take place before the end of the year.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. There's been nothing on this (Volkswagen ties) from our side.
[Source: Automotive News - Sub. Req'd]