Kizashi Club

Apparently, since before Suzuki left the NA markets, they've been suing Volkswagen to try and get shares of their stock back. Well it seems they've finally gotten some vindication:

http://www.thetruthaboutcars.com/2015/0 ... olkswagen/

I've read about this too. While I'm glad that Suzuki is able to purchase back their share from VW, they are having to do it at nearly twice the price VW paid for the shares. Suzuki is able to do this because of another recent investor.

I'm very wary of companies like VW and FCA who seem more interested in buying up other brands than making quality vehicles. GM used to do this too until the economic crisis. Maybe it's one of the many reason why they are steering clear of FCA's Marchionne and his proposed merger.
http://www.autoblog.com/2015/05/25/marc ... er-report/

That's an interesting point. I didn't even think to consider the price of the stock that Suzuki was buying back, and that pretty significant detail was left out of the article. From what I'm reading about the merger, it's sounding to me like VW just wanted a cheap and easy route to the Indian markets, and like you said, they didn't care much about making a decent car with Suzuki.

KansasKid wrote:That's an interesting point. I didn't even think to consider the price of the stock that Suzuki was buying back, and that pretty significant detail was left out of the article. From what I'm reading about the merger, it's sounding to me like VW just wanted a cheap and easy route to the Indian markets, and like you said, they didn't care much about making a decent car with Suzuki.

Yup, VW wanted to tap the Indian market which Suzuki is the king of. They just weren't giving Suzuki what they desperately needed in other markets like North America.

I read about the difference in stock prices that Suzuki had to buy back in some business publication article so they naturally focused on things like prices. If I remember correctly, it's close to twice what VW paid for and it was part of the arbitration ruling given Suzuki violated some terms and conditions in their partnership (because VW failed to deliver, according to Suzuki).

However, this denouement is generally seen as a victory for Suzuki given they really wanted to be set free from VAG and now they are independent again.