Suzuki Motor says it will buy back VW stake as court settles feud

Last Updated: Monday, August 31, 2015, 09:16

Japan`s Suzuki Motor Corp said on Sunday it would buy back the 19.9 percent stake it sold to Volkswagen AG after an international arbitration court ordered the German automaker to sell its holding.

MAN Diesel & Turbo acquires MaxWatt Turbines

Last Updated: Monday, June 29, 2015, 18:14

MAN Diesel & Turbo SE, a wholly owned subsidiary of MAN SE (part of Volkswagen AG) today said it has acquired 100 percent shares of engineering firm MaxWatt Turbines Pvt Ltd.

Volkswagen chairman Piech resigns after dispute over CEO

Last Updated: Sunday, April 26, 2015, 08:05

Ferdinand Piech, chairman of the board of Volkswagen AG and a major figure in the German auto industry, has stepped down after clashing with other board members over his criticism of the company's CEO.

Automakers race to double the driving range of affordable electric cars

Last Updated: Wednesday, March 25, 2015, 09:25

At least four major automakers — General Motors Co , Ford Motor Co , Nissan Motor Co Ltd and Volkswagen AG — plan to race Tesla.

Volkswagen puts on hold Rs 2,000 cr investment in Maharashtra

Last Updated: Thursday, May 17, 2012, 18:36

German auto major Volkswagen AG on Thursday said it has put on hold the proposed Rs 2,000 crore investment plan in India as the VAT refund issue with the Maharashtra government remains unresolved.

Suzuki starts arbitration for share transfer from Volkswagen

Last Updated: Friday, November 25, 2011, 00:23

Suzuki Motor Corporation (SMC) on Thursday said it has started arbitration proceedings at the ICC International Court in London to enable transfer of its shares owned by estranged partner, Germany's Volkswagen AG.

Suzuki unhappy with VW stance in partnership: Exec

Last Updated: Monday, July 18, 2011, 10:56

Suzuki Motor Corp formed an alliance with Volkswagen AG in late 2009 as equal partners and takes issue with the German automaker's claim that it can wield influence over the Japanese company's management, a top executive said on Monday.