suzuki sends \rebuttal letter\ to vw
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice
Last Updated : GMT 05:17:37
Emiratesvoice, emirates voice

Suzuki sends \'rebuttal letter\' to VW

Emiratesvoice, emirates voice

Emiratesvoice, emirates voice Suzuki sends \'rebuttal letter\' to VW

Tokyo - AFP

Japan's Suzuki Motor on Thursday sent a "rebuttal letter" to its German partner Volkswagen and demanded it withdraw its claim the Japanese firm violated a partnership deal. In an increasingly sticky row, Suzuki said it has "requested Volkswagen AG to revoke its notice claiming that Suzuki is in breach of the Framework Agreement," a statement said. Suzuki said its "global reputation has been significantly damaged by the announcement made by Volkswagen AG," and demanded the German company "publicly announce such revocation by 30 September." The two car makers entered into a strategic alliance in December 2009, with VW buying a 19.9-percent stake in Suzuki and the Japanese group buying 1.5 percent of its German partner with the aim of pooling their respective strengths in hybrid and small-car technologies. But the 1.7-billion-euro ($2.3-billion) alliance turned sour, and Suzuki said earlier this month that it wanted to sever ties with VW, claiming its autonomy was under threat and the German giant was treating it as a subsidiary. "Suzuki never breached our agreement," its chairman Osamu Suzuki said in a separate statement. "Volkswagen?s notice and press release hinder our effort to develop attractive new products and significantly disparage Suzuki?s honour. "This partnership does not bring us benefits we expected but turned out to be a 'ball and chain' for our managerial independence."

GMT 00:59 2018 Friday ,19 January

BMW aims to reignite US car sales

GMT 09:01 2018 Thursday ,18 January

EU car sales top 15-mn barrier in 2017: data

GMT 17:32 2018 Tuesday ,16 January

Fiat Chrysler won't sell Jeep

GMT 06:56 2018 Tuesday ,16 January

Lamborghini races to new sales record

GMT 22:50 2018 Sunday ,14 January

Tesla faces fresh Norway lawsuit

GMT 22:46 2018 Sunday ,14 January

BMW drives to new sales record
Emiratesvoice, emirates voice
Emiratesvoice, emirates voice

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

suzuki sends \rebuttal letter\ to vw suzuki sends \rebuttal letter\ to vw

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

suzuki sends \rebuttal letter\ to vw suzuki sends \rebuttal letter\ to vw

 



GMT 07:24 2017 Thursday ,09 February

Drugmaker Teva says Israel probing kickback allegations

GMT 18:19 2012 Friday ,18 May

Hot weather to continue during weekend in UAE

GMT 03:34 2012 Saturday ,08 September

Mitsubishi motors’ outlander phev

GMT 15:20 2017 Saturday ,09 September

'Monster' Irma roars towards Florida

GMT 19:27 2015 Thursday ,01 October

Double Dutch barred in Amsterdam brothels

GMT 09:12 2018 Tuesday ,23 January

Joy and hope in Liberia as George Weah sworn in

GMT 16:07 2016 Wednesday ,10 August

Rousseff impeachment in focus

GMT 12:49 2018 Thursday ,11 January

Macron urges European unity

GMT 15:16 2016 Wednesday ,08 June

EU Presents new aid to stop African Migrants influx

GMT 10:51 2017 Wednesday ,24 May

ADEC suspends registration of new students

GMT 19:19 2016 Thursday ,22 December

Lebanon the ‘post-Aleppo’ government

GMT 06:47 2018 Thursday ,04 January

Norway suspends arms exports to UAE over Yemen war

GMT 06:38 2017 Tuesday ,21 November

Putin and Assad met in Sochi

GMT 05:27 2017 Monday ,14 August

TRA to host 75th RIPE meeting in October
 
 Emirates Voice Facebook,emirates voice facebook  Emirates Voice Twitter,emirates voice twitter Emirates Voice Rss,emirates voice rss  Emirates Voice Youtube,emirates voice youtube  Emirates Voice Youtube,emirates voice youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

emiratesvoieen emiratesvoiceen emiratesvoiceen emiratesvoiceen
emiratesvoice emiratesvoice emiratesvoice
emiratesvoice
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
emiratesvoice, Emiratesvoice, Emiratesvoice