Sunday, September 11, 2011

Official: VW Says Suzuki Violated Agreement by Purchasing Diesel Engines from Fiat

It's no secret that Volkswagen's business relationship with Suzuki after the Germans acquired a 19.9 percent of the Japanese manufacture's shares in December 2009 under a strategic cooperation has been a deeply troubled one. However, up until now, the two sides tried to keep the problems "in house".

But today, following recent comments from the Japanese firm's chairman Osamu Suzuki that the two companies "aren't even talking", the Volkswagen Group decided to make these problems public with an official announcement.

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