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Suzuki seeks end to partnership with Volkswagen
Mon, 12 Sep 2011Suzuki Motor Corp. Chairman Osamu Suzuki on Monday said he plans to end his carmaker's turbulent two-year capital alliance with Volkswagen AG, citing concerns about independence and a dearth of technological exchanges and joint projects from the tie up. The spry, 81-year-old Suzuki executive compared the breakup to a divorce and said the two companies should "say goodbye with a smile" instead of trading bitter accusations.
Car production increases again
Thu, 19 Sep 2013THE SOCIETY of Motor Manufacturers and Traders (SMMT) said UK manufacturers built 91,282 cars in August, up 16.2%, or 12,705, on the same period in 2012, leaving year-to-date volumes 3.1% ahead of 2012, at 984,545. The figures showed 20,298 cars were made for the home market this year, up 21.1%, while 70,984 were for export, up 14.8%. SMMT chief executive Mike Hawes said: "The past 12-months has been one of the most productive since late 2008." Samuel Tombs, of consultancy Capital Economics, said the CBI figures showed the manufacturing sector "continuing to go from strength to strength".
NHTSA investigates Volkswagen Jetta diesel for fuel leak
Mon, 08 Aug 2011The National Highway Traffic and Safety Administration opened a preliminary investigation on Aug. 2 into 40,000 copies of the 2011 Volkswagen Jetta TDI. NHTSA received seven complaints stemming from leaks between the fuel line and the fuel injectors.