Nissan-Suzuki City Car Venture Unaffected By Volkswagen

Nissan-Suzuki City Car Venture Unaffected By Volkswagen

Nissan is denying reports that Suzuki‘s tie-up with Volkswagen will affect their small car ventures in countries like India. Nissan sells a rebadged version of the Suzuki Alto (one of India’s most popular cars) in that market, but a senior Nissan exec was quoted as saying that ““Suzuki and Nissan have done a lot of business for many years. As far as we are concerned, nothing changes.”

VW took a 20 percent stake in Suzuki last year, and was allegedly attracted to Suzuki’s small car and motorcycle expertise. Volkswagen CEO Martin Winterkorn told Autocar that “We have set up a joint project office in Wolfsburg to coordinate cooperation,” he said. “Work on concrete ideas and vehicle projects will begin in the coming weeks.”

[Source: Autocar]


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