Monday, August 31, 2015

Volkswagen Ordered To Sell 19.9 Percent Stake In Suzuki

2013 Suzuki KizashiA multi-year ordeal involving Suzuki and Volkswagen will soon be at an end, with the German automaker ordered by an arbitration court to sell its 19.9 percent stake in the Japanese firm. The ordeal goes back to 2009 when VW first bought the stake in Suzuki in an effort to expand into emerging markets in Asia, namely India where the Japanese firm...

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