Volkswagen and Suzuki may be headed back to the drawing board to re-outline the nature of the two automakers' partnership. Both companies have expressed their frustrations with the way that the German manufacturer's 20-percent stake in its Japanese associate has worked out thus far, with VW taking to the press to say that Suzuki isn't willing to reciprocate technology and Suzuki claiming that Volkswagen is attempting to poach its autonomy. So far, the partnership has sounded like a match made in divorce court, but Reuters reports that Volkswagen has made it clear that it has no intention of removing decision-making responsibilities from Suzuki.
Even so, the media has been rife with word that VW does, in fact, have plans for consolidation. Executives from Suzuki have said that when the two automakers entered into the partnership, it was understood that both would remain independent entities. Now Suzuki feels the need to "return to the starting point," including reexamining the ownership ratio between the two companies.
Even so, the media has been rife with word that VW does, in fact, have plans for consolidation. Executives from Suzuki have said that when the two automakers entered into the partnership, it was understood that both would remain independent entities. Now Suzuki feels the need to "return to the starting point," including reexamining the ownership ratio between the two companies.
Sign in to post
Please sign in to leave a comment.
Continue