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Suzuki take Volkswagen to court
Thu, 24 Nov 2011Suzuki are seeking to get their shares back from VW The partnership between Volkswagen and Suzuki promised so much. VW wanted an easy way in to the car market in India – where Suzuki is very strong – and in return Suzuki wanted access to the sort of technology – hybrid and EV – it couldn’t really afford to develop independently. And all looked rosy when VW took a near 20 per cent stake in Suzuki in 2009 But things started to go a bit awry when VW insensitively referred to Suzuki as an ‘associate’, where it could pull all the right strings, in its annual report.
Nissan future products: Focus is on technology
Fri, 19 Aug 2011Nissan Division will be focused for the next few years not just on how to move its product line forward but also how to produce it less expensively. As the company embarks on a multiyear wave of new technologies and a brand-marketing campaign focused on innovation, it also is looking to bring down manufacturing costs through platform sharing, modular components and common parts. The first example of this new process is the redesigned Versa sedan, which will be assembled in Mexico.
GM's Henderson: Future rests on Chevy, Cadillac, Buick and GMC
Wed, 21 Jan 2009General Motors will go to market with four core brands in the future: Chevrolet, Cadillac, Buick and GMC. Pontiac will be shrunk "significantly," a senior GM executive told the Automotive News World Congress. GM COO Fritz Henderson said that GM is conducting a strategic review of its Saab and Hummer brands and that the "status quo" for the Saturn brand will not work.