Posted on September 12th, 2011 • by Bill Cawthon
After less than two years, Suzuki wants a divorce. Following an unscheduled board meeting Sunday, the Japanese automaker announced it will ask Volkswagen to sell its shares of Suzuki, saying the relationship threatens its independence and hasn’t produced a single joint project. “The relationship is like a marriage and a divorce,” said Chairman Osamu Suzuki. [...]
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Posted on September 11th, 2011 • by Bill Cawthon
It’s almost a soap opera for the auto industry: Fiat S.p.A. has now become a point of contention in the ongoing spat between Volkswagen AG and Suzuki Motor Corp. According to Automotive News, VW is claiming the Japanese automaker violated their agreement by buying Fiat diesel engines for Suzuki vehicles built in Turkey. Like the [...]
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Posted on June 12th, 2010 • by Bill Cawthon
Volkswagen of America is recalling approximately 16,000 2009 Routan minivans to address fire concerns involving latches on the sliding doors. The recall was prompted by the same concerns that lead Chrysler to recall almost 285,000 Town & Countrys and Caravans because of a potential fire hazard involving wiring in the side doors. The Routan is [...]
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Posted on July 23rd, 2009 • by Bill Cawthon
British industry publication just-auto.com is reporting that the supervisory boards of Volkswagen AG and Porsche have approved a merger with of Porsche Automobil Holding SE, Porsche’s vehicle manufacturing operation with Volkswagen. The combined companies will operate under VW leadership based in Wolfsburg, Germany. Porsche itself will remain an independent company and keep its headquarters in [...]
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Posted on July 23rd, 2009 • by Bill Cawthon
Wendelin Wiedeking, CEO of Porsche and Germany’s highest-paid manager, is leaving the company immediately, ending a long power struggle that pitted one of Europe’s most respected executives against two of Germany’s most powerful families. Porsche finance chief Holger Haerter will also be leaving the sports car maker. Michael Macht, Porsche’s production chief, will replace Wiedeking [...]
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Posted on July 12th, 2009 • by Bill Cawthon
In a change of heart that will save over a thousand Canadian jobs, Chrysler has reversed its decision to eliminate the third shift at the Windsor minivan plant. “It’s great news for 1,200 CAW Local 444 members out at the Chrysler plant and obviously the spinoff jobs that come with it,” Canadian Auto Workers President [...]
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