Suzuki Looks To Mediation With VW

Suzuki Motor will seek arbitration if it fails in its attempt to buy back a 19.9pc stake held by Volkswagen AG. VW purchased the stake in 2009 but the two companies have failed to agree to the full terms of the agreement. Suzuki has issued a notice to VW to the effect that the latter company is in breach of their agreement.

Latest car and motor news