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主页 新闻 所有资讯 VW Dieselgate: Suzuki Lost USD 558 million VW Dieselgate: Suzuki Lost USD 558 million 所有资讯 Hans | September 28日, 2015 05:20 PM Volkswagen’s dieselgate scandal has just claimed its first collateral damage – Suzuki Motor Corporation, which lost USD 558 million after shares of Volkswagen AG, which Suzuki has a 1.5 percent stake in, plunged 25 percent in this week alone.At the end of March 2015, Suzuki’s stakes in Volkswagen AG was worth 137.5 billion Yen, but by the end of last week, it was worth only 70.3 billion Yen.Despite the poor value, Suzuki insists to go ahead with the ‘divorce’ from Volkswagen AG, with whom it partnered in 2009 before falling out two years later.Background:In December 2009, Volkswagen AG and Suzuki jointly announced that the two were entering a ‘long-term strategic partnership.’Briefly, the main objective of the partnership was to allow Volkswagen to leverage on Suzuki’s expertise in compact cars and its distribution channels in India, where Suzuki’s local joint venture Maruti-Suzuki is India’s largest automotive brand. In return, Suzuki would be given access to Volkswagen’s fuel-saving advanced diesel and hybrid technology.Less than a year later, Suzuki signed an agreement to purchase diesel engines from Fiat, which Volkswagen argued was a breach of the agreement.Suzuki’s CEO Mr. Osamu Suzuki was also unhappy with Volkswagen listing Suzuki as an ‘associate company’ in the Group’s 2010 annual report, which in Volkswagen’s terms meant a company which Volkswagen has direct or indirect influence in.Osamu Suzuki asserted that Suzuki is an independent company, despite having Volkswagen as a majority shareholder, while Volkswagen reasoned that its annual report is compiled in accordance to international accounting rules.On 18-November 2011, Suzuki served a notice of termination to Volkswagen.Earlier this month, a tribunal court in London found Suzuki to have breached the terms of its agreement with Volkswagen, and granted the rights to Volkswagen to claim damages from Suzuki.The court also ordered Volkswagen sell back its 19.9 percent stake in Suzuki back to Suzuki.Related Link:VW-Suzuki Divorce: Court Orders Suzuki To Pay Damages, VW To Sell Stakes In Suzuki ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Suzuki volkswagen 打印 相关文章 VW-Suzuki Divorce: Court Orders Suzuki To Pay Damages, VW To Sell Stakes In Suzuki 所有资讯 Hans | September 01日, 2015 After a lengthy four-year legal tussle, the ‘divorce’ proceedings between Volkswagen and Suzuki is almost settled.On Sunday, an arbitral tribunal in ... Tokyo 2015: Suzuki Air Triser Concept Previews Suzuki’s First Full-Hybrid Engine 所有资讯 Hans | October 21日, 2020 While Suzuki may have fallen out of love with Volkswagen, that didn’t stop Suzuki from envisioning how a 21st century version of the Volkswagen ... Suzuki Could Return To Malaysia Under Berjaya Group 所有资讯 Eric | July 23日, 2019 After a 3-year hiatus from the Malaysian market, Suzuki could make a return here under the Berjaya Group. According to a report by New Straits Times, ... Berjaya Group Denies Involvement With Suzuki, What Now? 所有资讯 Eric | July 24日, 2019 Days after the New Straits Times reported that Berjaya Group could be reviving the Suzuki marque here in Malaysia, Berjaya Group has denied such ... 留言
VW Dieselgate: Suzuki Lost USD 558 million 所有资讯 Hans | September 28日, 2015 05:20 PM Volkswagen’s dieselgate scandal has just claimed its first collateral damage – Suzuki Motor Corporation, which lost USD 558 million after shares of Volkswagen AG, which Suzuki has a 1.5 percent stake in, plunged 25 percent in this week alone.At the end of March 2015, Suzuki’s stakes in Volkswagen AG was worth 137.5 billion Yen, but by the end of last week, it was worth only 70.3 billion Yen.Despite the poor value, Suzuki insists to go ahead with the ‘divorce’ from Volkswagen AG, with whom it partnered in 2009 before falling out two years later.Background:In December 2009, Volkswagen AG and Suzuki jointly announced that the two were entering a ‘long-term strategic partnership.’Briefly, the main objective of the partnership was to allow Volkswagen to leverage on Suzuki’s expertise in compact cars and its distribution channels in India, where Suzuki’s local joint venture Maruti-Suzuki is India’s largest automotive brand. In return, Suzuki would be given access to Volkswagen’s fuel-saving advanced diesel and hybrid technology.Less than a year later, Suzuki signed an agreement to purchase diesel engines from Fiat, which Volkswagen argued was a breach of the agreement.Suzuki’s CEO Mr. Osamu Suzuki was also unhappy with Volkswagen listing Suzuki as an ‘associate company’ in the Group’s 2010 annual report, which in Volkswagen’s terms meant a company which Volkswagen has direct or indirect influence in.Osamu Suzuki asserted that Suzuki is an independent company, despite having Volkswagen as a majority shareholder, while Volkswagen reasoned that its annual report is compiled in accordance to international accounting rules.On 18-November 2011, Suzuki served a notice of termination to Volkswagen.Earlier this month, a tribunal court in London found Suzuki to have breached the terms of its agreement with Volkswagen, and granted the rights to Volkswagen to claim damages from Suzuki.The court also ordered Volkswagen sell back its 19.9 percent stake in Suzuki back to Suzuki.Related Link:VW-Suzuki Divorce: Court Orders Suzuki To Pay Damages, VW To Sell Stakes In Suzuki ✕ 使用 WhatsApp 联系 我们依据 PDPA 保护您的个人信息。 我同意 Carlist.my 的使用条款和隐私政策 我同意接收来自 Carlist.my 及其汽车销售商、业务附属机构和合作伙伴的个性化通信。 查看最佳汽车优惠! Prev Next 特价 - 马上拨电！ 天 小时 平均市场价格 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 I 为什么没有价格？ 有时经销商希望您以最优惠的价格联系。 相关标签 Suzuki volkswagen
VW-Suzuki Divorce: Court Orders Suzuki To Pay Damages, VW To Sell Stakes In Suzuki 所有资讯 Hans | September 01日, 2015 After a lengthy four-year legal tussle, the ‘divorce’ proceedings between Volkswagen and Suzuki is almost settled.On Sunday, an arbitral tribunal in ...
Tokyo 2015: Suzuki Air Triser Concept Previews Suzuki’s First Full-Hybrid Engine 所有资讯 Hans | October 21日, 2020 While Suzuki may have fallen out of love with Volkswagen, that didn’t stop Suzuki from envisioning how a 21st century version of the Volkswagen ...
Suzuki Could Return To Malaysia Under Berjaya Group 所有资讯 Eric | July 23日, 2019 After a 3-year hiatus from the Malaysian market, Suzuki could make a return here under the Berjaya Group. According to a report by New Straits Times, ...
Berjaya Group Denies Involvement With Suzuki, What Now? 所有资讯 Eric | July 24日, 2019 Days after the New Straits Times reported that Berjaya Group could be reviving the Suzuki marque here in Malaysia, Berjaya Group has denied such ...