<cite id="3sqkj"></cite>

    <b id="3sqkj"></b>

          <u id="3sqkj"><small id="3sqkj"><thead id="3sqkj"></thead></small></u>
          Home > News > International information
          Loading..

          Volkswagen must sell shares in Suzuki, court decides

          Release Date:2015/08/31   Sources of information:Automotive News Europe
          "It's good that a resolution came. I feel refreshed. It's like clearing a bone stuck in my throat," Suzuki Chairman Osamu Suzuki said at a hastily called news conference in Tokyo today.

          TOKYO -- Volkswagen must sell its shares in estranged partner Suzuki, an international court has decided, ending a nearly four-year battle over a dysfunctional alliance between the two carmakers.

          The decision, by the International Court of Arbitration of the International Chamber of Commerce in London, was announced by Suzuki today in a filing to the Tokyo Stock Exchange.

          Suzuki received the decision the day before.

          “It’s good that a resolution came. I feel refreshed. It’s like clearing a bone stuck in my throat,” Suzuki Chairman Osamu Suzuki said at a hastily called news conference in Tokyo. “I’m very satisfied with the resolution. Through it, Suzuki was able to attain its biggest objective.”

          The court also found that the alliance was validly terminated when Suzuki submitted notice of termination on Nov. 18, 2011, Suzuki said in the filing. The termination was effective May 18, 2012.

          VW, in a separate Aug. 30 statement, acknowledged the ruling and said it will sell its stake. It added that it expects a positive impact on earnings and liquidity from the sale.

          VW said it welcomed “the clarity created by this ruling.”

          The decision partially upheld VW’s counterclaim against Suzuki that the Japanese automaker had breached parts of their cooperation agreement, which was inked in late 2009.

          “The Tribunal upheld Suzuki’s claim regarding VW’s disposal of its shares in Suzuki and ordered VW to divest forthwith those shares to Suzuki or a third party designated by Suzuki using a method which is reasonably determined by Suzuki,” Suzuki said.

          As part of the decision, Suzuki may compensate VW for its breach of agreement, Suzuki said. The amount of any damages will be addressed in another stage of arbitration, it added.

          Long wait

          The award ends a standoff that began in November 2011 when the Japanese carmaker took its German partner to the ICC, demanding that VW dispose of its 19.9 percent stake in Suzuki.

          In September 2011, Osamu Suzuki held a Tokyo news conference to outline a list of grievances and demand a “divorce” from VW, which he dubbed a “ball and chain.”

          It was a remarkable turnaround from just two years earlier in 2009, when Suzuki and VW announced the much-ballyhooed tie-up.

          At the time, common wisdom held that it would be a boon to both players. Suzuki would gain access to next-generation, fuel-efficient powertrain technologies and advanced markets while VW would get help tapping India and learn low-cost manufacturing. But in less than two years, the honeymoon came to a halt without the realization of a single joint project.

          The dissolution of their alliance raises questions for both companies. VW must now plow ahead independently with its own low-cost emerging car project or possibly seek a new partner to help penetrate India. Meanwhile, it puts Suzuki back in circulation as a possible partner for a bigger global player that can help it with advanced technologies and mature markets.

          Buyback

          Suzuki reiterated its announcement from Dec. 9, 2014, that intends to acquire VW’s shares in Suzuki through the ToSTNeT-3 system, a repurchasing channel of the Tokyo Stock Exchange.

          Suzuki said it will disclose details regarding the acquisition as soon as they are determined.

          “As a result of VW disposing of its shares in Suzuki, there will be a change in our largest shareholder, which is also a major shareholder,” Suzuki said.

          It added that the company has no plans to amend its earnings forecast in light of the dissolution and buy-back.

          Still pending is the tribunal’s ruling that Suzuki breached elements of the agreement with VW.

          “The arbitration court confirmed that Suzuki committed an infringement of the agreement,” VW said in its statement. “Suzuki broke off an ongoing cooperation project at the end of 2010-beginning of 2011 and failed to give Volkswagen last-call rights for the delivery of diesel engines.”

          VW said it reserves the right to claim damages against Suzuki.

          Bad blood

          The disputes between VW and Suzuki were many, from jousting over stake holdings and independence to disagreements about how to engineer cars. A key flashpoint was VW’s decision to apply the equity method to its shares in Suzuki for accounting purposes, an issue that became aired in public in 2011.

          The approach raised hackles at Suzuki because it usually applies when a company owns more than 20 percent in an “associate” company and can claim influence over that company.

          But both sides also traded barbs about allegedly violating contractual obligations laid out by initial agreement.

          In internal Suzuki documents reviewed by Automotive News, Suzuki comes across as growing obsessed with independence, wary of VW’s intentions and sensitive of its stranglehold on India and expertise in emerging markets.

          Meanwhile, executives in Wolfsburg seemed eager to learn Suzuki’s winning formula for low-cost cars and enlist the Japanese carmaker’s help in penetrating hard-to-crack India.

          But over time, Suzuki seemed to feel that the German juggernaut, with its upper hand in size, financing and global reach, was hoarding its own toolbox of technologies, including details on hybrid drivetrains, which Suzuki so badly coveted.

          In the end, Suzuki couldn’t shake the suspicion that VW planned a power grab by acquiring a controlling share in it.

          New management

          The plot thickened in June, when Osamu Suzuki, the outspoken boss of his namesake carmaker, appointed his son president and likely successor. Some observers wondered whether the company’s stance toward VW might soften with the 85-year-old chief clearly planning succession after nearly four decades at the helm.

          After appointing his eldest son, Toshihiro, Osamu Suzuki told reporters at a Tokyo news conference that he had hoped to settle the VW partnership dispute before naming a new president.

          “But it is taking so long,” Suzuki said of the arbitration. “So I decided not to wait and announced the management change.”

          Suzuki, who simultaneously unveiled a new midterm business plan, told reporters he will stay on as CEO and chairman, helping to handle the VW disagreement through its resolution.

          Suzuki partly turned to VW because it recognized its need to shelter under the wing of a global powerhouse.

          For years, it had circled wagons with General Motors, which eventually raised its stake in the Japanese company to 20 percent. GM sold its last remaining shares in 2008 as it raced to raise cash on the eve of its bankruptcy.



          If you find an article which you feel violate your rights or the rights of others, please notify us immediately.

          Post your Comment Close Email Print Bookmark this page

          RE: Volkswagen must sell shares in Suzuki, court decides
          Loading..

          Photo Gallery

          Loading..

          Recommended List

          Loading..
          Home - Buying - Selling - Products - Suppliers - Buyers - OEM - News - Exhibition -
          About | VIP service | Contacts us | Download | Site Map
          Service hot line:0086-577-65883090 FAX:0086-577-65883092 MSN:linda.oem@hotmail.com QQ:524823132 QQ talk MSN talk
          Global Auto Parts source Copyright 2005-2013 oemol.com All Rights Reserved. MSN talk
          在线精品国产在线视频 国产亚洲精品俞拍视频 精品国产福利在线视频
        1. 人人看手机播放,日本一本道手机在线dvd_一本道在线综合久合合
        2. 亚洲图片偷拍图片区314,综合图区亚洲偷窥白拍青青草在在观免费
        3. 日本视频高清免费观看,加勒比在线东京热在线,东京热av,HEZYO高清
        4. 奇米影视首页,奇米色888,奇米影院,777米奇影视,奇米影视播放器
        5. 婷婷丁香五月天-婷婷六月丁香伊人-_一道本伊人久久爱-一道本在线-一道本久久综合久久爱-_在线视频国产精品欧美-国产视频久久热精品-
        6. 奇米第四手机在线观看奇米第四手机在线观看多人做人爱视频免费
        7. 老鸭窝综合久久绝对极品女鲍10p天堂网av先锋影院,天天夜日日
        8. 费在线观看 ,黄色视频做爰视频,,,少妻艳欲高清在线观看
        9. 视频一区亚洲视频无码,全国女厕所偷拍全集,偷拍国内女厕所在线
        10. 天天干夜夜爱 天天色播 天天射天天舔
        11. 正安县
        12. 色情AV论坛,黄色网站夫妻自拍,一本道老鸭窝不卡国产免费视频
        13. 高清美女视频亚洲免费,亚洲 图片另类欧美_另类 专区 欧美 制服
        14. 陇南市
        15. 一级a做爰片免费观看大香蕉,大香蕉网,大香蕉在线影院偷拍久久国产视频
        16. 浦北县
        17. 崇义县
        18. 人人天天夜夜日日狠狠_天天夜夜i日日高清在线_日日摸天天摸人人看
        19. 武清区
        20. 久久超碰97中文字幕 中文字幕 无码亚洲 ****中文字幕免费视频
        21. 777奇米影视国产视频538在线AV柠檬H福利视爱搞搞电影网成天搞搞
        22. 磐石市
        23. 厦门市
        24. 辛集市
        25. 亚洲妹a视频在线观看久久机热在线视频精品香蕉娱乐秒播影视下载
        26. a天堂,一本到高清无码在线2区,一本道hezyo综合在线,国产av偷拍
        27. 老司机电影天堂手机版超碰伦理片影先锋影院福利视频1000在线播放
        28. 新安县
        29. 好吊色青青青国产_一本久道热线在线 视频_他也色他也色视频_日本高清视频免费版毛片
        30. 网友自拍 偷拍 校园,福利大片视频在线观看,欧美 在线 成人
        31. 人人操_人人碰_人人碰免费视频_人人摸_人人看_超碰在线
        32. 国产女人_国产精品香蕉视频在线_国拍自产亚洲_在线观看国产AV每日
        33. 一本道久在道最新2019_中文字幕破除无线码_中文字幕无码在线
        34. 婷婷开心色四房播播|久就在现精品草|91在线观看官网
        35. 欧美成年性色生活片 毛片_在线中文字幕亚洲日韩_成 人国产在线观看
        36. 桐庐县
        37. 亚洲香蕉视频在线播放 _日本一级特黄大片 免费网站看v片在线
        38. 超碰久久人人摸人人搞_久久成人视频_久久996热在线播放_久久爱视频
        39. 中文字字幕乱码电影直播,2017中文字字幕66页,中文字幕,嘿嘿射在线
        40. 日本A级作爱片_日本高清免费毛片大全_国产人妻少妇精品视频_任我爽橹在线精品视频
        41. 东光县
        42. 涟源市
        43. 日本熟妇色在线视频 日本视频网站www色 日本视频高清免费观看
        44. 亚洲香蕉人妻在线视频,亚洲大香蕉视频,亚洲AV有码在线天堂
        45. 鲁青青三级黄色片青青伊人国产曰韩无码亚洲视频三级黄色片国产曰韩无码亚洲视频鲁青青
        46. 无码不卡中文字幕在线视频,无码不卡免费高清中文字幕,无码的高清...
        47. 奇米影视网_性火坑乳燕完整版观看_伊人在线视频_爱草成人视频
        48. 日本一本道综合久久av,久久日本高清一本道,一本道久在线综合久久
        49. 日久干草青青视频免费|浴室一家亲
        50. 久久播_久播电影网-亚洲人成电影网站免费-青青草观看-大香蕉视频 大香蕉网
        51. 伊人热在线黄色狠狠ku,吹潮喷水在线播放,免费的黄网站网址大全
        52. 国语自产拍在线观看,日日干,色欲色香天天天综,wm825851_狼人网
        53. 人妻.中文字幕无码 欧美 亚洲 中文字幕 高清 天堂天码av中文字幕
        54. 偷拍在线亚洲手机视频欧美一线在线http自拍在线观看隔壁老王aⅴ
        55. 夜夜橾天天橾b免费视频-天天啪久久国产-一木道天天啪免费
        56. 扶沟县
        57. 大象蕉在线观看免费视频_大象蕉中文字幕在线观看最新网址
        58. 好吊色青青青国产_一本久道热线在线 视频_他也色他也色视频_日本高清视频免费版毛片
        59. 在线播放免费成人视频-啪啪啪视频大全_成av人电影在线观看
        60. 777奇米第四色在线影视奇米影视盒狠狠地撸2018最新版久久爱免费
        61. 快播成人a,免费国产一级av 片,日本毛片免费韩国,av天堂电影网在线观看
        62. 千爱99最新网址获取,快速进入千爱99tv视频福利站你的私人影院视频
        63. 精品国产自在现线拍_一本草中文字幕_中国a级毛片,中国a级毛片
        64. 情色综合,亚洲色姐妹综合网姐姐,大香蕉综合伊人网,狼人干伊人网
        65. 松溪县
        66. 亚洲欧美国产综合av|亚洲va在线va天堂va免费啪视频观试看视频
        67. 色姑娘综合网久久 一个色综合亚洲色综合 久久偷拍国产在线视频
        68. 开心婷婷五月综合基地_五月丁香六月综合缴情_激情综合色久久啪啪
        69. 曰本三级片,婷婷五月综合色啪在线观看,成人免费图片
        70. 醉地av-醉地导航-醉地-醉地视频-祥仔导航-花街在线大片影院
        71. 美女天天看高清影视在线_午夜神器天天看免费高清影视_国产高清
        72. 在线a久草-久草影院-久草在线影院-久草视频新免费观看
        73. 在线精品国产在线视频,在线看片免费人成视频,一本大道香蕉大l在线
        74. 天天操综合网大香蕉电影 大香蕉网 大香蕉在线影院 伊人大香蕉久久网
        75. 在线2区,一本道hezyo综合在线,国产av偷拍在线,日本无码v一本道
        76. 亚洲中文字墓,中文字幕一区二区,中文字幕无线码,不卡片在线机视频
        77. 大香蕉网 大香蕉 大香蕉成人网 伊人在线大香蕉 天天日在线视频
        78. 亚洲香蕉视频在线播放_大香蕉大香蕉最新视频
        79. 啪啪网|啪啪啪|啪啪|啪啪啪视频|啪啪啪漫画|夜射猫精品在线av
        80. 人人天天夜夜日日狠狠_天天夜夜i日日高清在线_日日摸天天摸人人看
        81. 肥东县
        82. 97在线看视频大香蕉_大香蕉9_大香蕉之大香蕉_大香蕉1_我爱大香蕉
        83. 精品 在线 视频 亚洲-国产精品高清视频免费-精品国产自在线拍-国产精品在线手机视频,,,
        84. 南华县
        85. 日本av一本道电影,射我吧,亚洲理论在线a中文字幕
        86. 来凤县
        87. 天天影视网,色欲色香天天天综合,亚洲色欲色欲综合网站,午夜福利
        88. 国产亚洲精品福利视频,高清国产午夜福利在线视频,国产私拍福利精品视频
        89. 久久超碰97中文字幕 中文字幕 无码亚洲 ****中文字幕免费视频
        90. 安阳市
        91. 宣汉县
        92. 在线精品国产在线视频 国产亚洲精品俞拍视频 精品国产福利在线视频
        93. 在线看午夜福利片_777亚洲人成视频免费视频_亚洲 自拍色综合图区_亚洲 欧美 国产 综合免费
        94. 大邑县
        95. 沛县
        96. 国产a片-人人爱大香蕉-男人的天堂v-伊人大香蕉网站-大香蕉在线
        97. 青青草在线播放观看 青青新免费观看 天天鲁夜夜啪视频在线
        98. 一本道 综合,2017亚洲男人天堂天堂,日本一本道高清无码AV欧美av
        99. 67194成在线观看成 人 国产系列ae58老司机福利99视频69e精品视频
        100. 国产亚洲人成在线视频,欧美A一片,成 人 国产系列,日逼视频
        101. 开心婷婷五月综合基地|中文字幕免费视频不卡|亚洲性爱
        102. 丁香五月开心婷婷综合_丁香花久久五月综合网_五月激激激综合网
        103. 色色影院,哥哥干影院,哥哥干在线直播,大哥哥干妹妹操电影
        104. 连南
        105. 天天看高清影视_男女做爰高清免费视频_天天看高清影视在线
        106. 大香蕉免费在线视频,伊在人线香蕉观新在线熊,亚洲香蕉一视频网站
        107. 奇米777四色奇米影视老司机电影网你懂的视频人人色人人草涩涩爱
        108. 男女做爰高清免费视频,男人吃女人奶,摸她下面,男友说我好紧
        109. 大香蕉网 大香蕉 大香蕉成人网 伊人在线大香蕉 天天日在线视频
        110. 中文字幕亚洲无线码,亚洲成在人线免费视频一级香蕉视频在线观看国产亚洲观看视频
        111. 欧美 卡通 另类 偷拍,亚洲 欧美 日韩 一区,亚洲图欧美日韩在线
        112. 天天看片_天天看高清影视在线_视频免费观看_天天看电影网站
        113. 铁力市
        114. 韩剧网为您提供最新的求资源种子网址懂得发电影资源高清电影
        115. 2018隔壁老王在线观看 混沌理论电影高清在线观看 在线播放一区
        116. 宣城市
        117. 一起色_一起色一起射 一起色,一起射178,我要色综合,爱色影_爱色b
        118. 寿宁县
        119. 青青草在线播放观看 青青新免费观看 天天鲁夜夜啪视频在线
        120. 超碰最新地址97碰碰在线看视频免费亚洲啪啪成人在线资源
        121. 2019伦理片最新欧美夜夜爽天天干老司机电影天堂手机版午夜福利1000在线
        122. 莒南县
        123. 爱色小萝莉导航我爱啪啪啪亚洲色综合高清无码av主播自慰棒插穴自慰
        124. 美女天天看高清影视在线_午夜神器天天看免费高清影视_国产高清
        125. AL天堂 sm视频dvd 波波视频地址获取 穿戴遥控跳蛋上街视频
        126. 天天干夜夜爱 天天色播 天天射天天舔
        127. 日本高清免费观看 日本高清免费一本视频 日本高清视2018色视频
        128. 珲春市
        129. 婷婷开心色四房播播|四虎影视在线地址最新|91国产精品情侣愉拍|伊人免费视频
        130. 国产一级毛卡片不收费,国产一国产一级毛卡片直播,手机在线不卡
        131. 中文字幕亚洲无线码,亚洲成在人线免费视频一级香蕉视频在线观看国产亚洲观看视频
        132. 奇米影视777国产情侣视频mpv水野朝阳在线在线大香蕉视频现现播
        133. 国内偷拍国内精品视频_2019最新欧美AV片高清观看_亚洲成在人线免费视频_国产亚洲观看视频在线
        134. 综合自拍亚洲综合图区大香蕉在线看片91电影院,男人的天堂
        135. 2019中文字字幕在线不卡,在线高清中文字幕电影,综合在线,日韩欧美
        136. 洛浦县
        137. 天天看高清影视_男女做爰高清免费视频_天天看高清影视在线
        138. 五月丁香六月综合缴情_****久久综合丁香_自拍亚洲偷****_婷婷丁香_五月爱婷婷六月丁香色_天天夜夜_人人天天夜夜日日狠狠_天天夜夜日日高清在线
        139. 在线天天看片视频免费观看大量偷拍情侣自拍视频_天天操影院
        140. 天天看电影播放器亚洲see图一级黄电影大片福利妹新视频在线观看
        141. 精品国产自在现线拍_一本草中文字幕_中国a级毛片,中国a级毛片
        142. 国内自拍久久久久影院-国产偷伦视频片-亚洲日韩国产无码
        143. 免费视频在线观看国产-情侣视频自拍偷拍-久草在线免费视频在线观看
        144. 大量偷拍情侣自拍视频国产色情,免费69热怎么刷无限次数成年欧美
        145. 大悟县
        146. 很很鲁在线视频色综合在线777米奇奇米奇影院青娱乐极品视觉精品
        147. 与女神同行 电影|未来影院|网友自拍区|成为人视频免费视频免费观看
        148. 文化
        149. 国产精品毛片在线视频_最新无码国产在线视频
        150. 91福利导航V_欧美AV_AV在线视频成人社区,男人的天堂东京热
        151. 周宁县
        152. 安义县
        153. 中国国产一级毛卡片 国内视频在线观看视频 国产一级毛卡片不收费
        154. 屯留县
        155. 与女神同行 电影|未来影院|网友自拍区|成为人视频免费视频免费观看
        156. 久爱一人,久爱一人视频,久爱一人直播视频,久爱一人视频大全
        157. 天天日天天干,天天射天天射,天天日天天插天天射,天天射天天,
        158. 一级A做爰片免费视频_免费黄片视频在线观看_番茄社区免费观看
        159. 天天影视网_婷婷五月色综合_咪咕app下载_写真视频无删1000集
        160. 云浮市
        161. 久久精品国can视频在热-日日干夜夜猛射
        162. 国产亚洲精品福利视频,高清国产午夜福利在线视频,国产私拍福利精品视频
        163. 响水县
        164. 青青草a免费线观,青草青草视频2免费观看,最新青草高清视频
        165. 国产自拍,成人电影,手机看片,成人网站,成人片-辣鸡盒子成人视频
        166. 伊人热在线黄色狠狠ku,吹潮喷水在线播放,免费的黄网站网址大全
        167. 亚洲香蕉视频在线播放_大香蕉大香蕉最新视频
        168. 大杳蕉在线影院在线播放,欧美Av无码高清在线,超碰97资源站
        169. 免费网站看v片在线 日本阿v片在线播放免费 免费三级现频在线观看
        170. 久久播_久播电影网-亚洲人成电影网站免费-青青草观看-大香蕉视频 大香蕉网
        171. 国产a在线不卡 精品国产自在现线拍 91国自产 国偷自产免费完整版
        172. 一道本不卡高清专区,亚洲毛片美国免费观看,做人爱视频大全美国
        173. 热热色av.青娱乐论坛极品盛宴.伊人久久大香线蕉综合.播放免费精子
        174. 免费网站看v片免费观看 在线v片免费观看视频,免费网站看完整v片在线
        175. 福利院先锋色资源网站123亚洲高清有码中文字国语自产拍91在线
        176. 大香蕉久久网,高清美女视频草久久爱久久 青青青草视频 国产系列
        177. 三亚市
        178. 开心色综合伊人_ 丁香五月婷婷开心综合
        179. 日本一本道免费__一本道理不卡一二三区_日本Av电影不卡在线观看
        180. 天天夜日日在线观看,啪一啪射一射2017, 天天看高清影视在线www
        181. 大香蕉爱玖玖爱大香蕉台湾妹综合网亚洲欧美中文字幕,国产av在线
        182. 亚洲AV 欧美 卡通 动漫,亚洲欧美中文日韩v在线,欧美 卡通 偷拍
        183. 德清县
        184. 彩票
        185. 天天操综合网大香蕉电影 大香蕉网 大香蕉在线影院 伊人大香蕉久久网
        186. 2018天天看夜夜看狠狠看,2018天天看夜夜晚,2018天天躁夜夜躁-首页
        187. va视频久久,网址你懂得,久草在线福利资源,x156免费BDSM大地资源
        188. "伊人大香线观看免费99,色久久色视频在线观看,高清一本道色综合
        189. 亚洲欧美免费无码专区 亚洲男人天堂.日本一本道高清无码AV,最新高清无码专区.在线观看,欧美阿v高清资源在线
        190. 亚洲久久久久久中文字幕,国产 亚洲 中文字幕 久久网,久久综合色一.
        191. 中文字幕我爱大香蕉久草在线,新免费观看资源站伊人大香线蕉精品在线播放
        192. 婷婷色香五月综合缴情--色空阁俺去也婷婷五月
        193. 欧美群交_亚洲图片网_欧美人曽交流_欧美巨乳_欧美情色
        194. 奇奇米影视第四色欧美手机看片高清国产日韩超碰在线观看
        195. 日本免费av毛片在线看,岛国爱情动作片,岛国片在线播放97
        196. 国产露脸 手机在线观看,哥精品国产自在线拍,国产情侣偷拍福利视频,1024porm国内自拍,偷拍国在线手机在线
        197. 青青草在线播放观看 青青新免费观看 天天鲁夜夜啪视频在线
        198. 免费网站看v片免费观看 在线v片免费观看视频,免费网站看完整v片在线
        199. 台湾佬娱乐中文在线网,五月婷婷深开心五月,国产,开心五月四房播播
        200. 富平县