Suzuki would be a fascinating partner in Asia: Fiat
Published On Sep 14, 2011 02:04 PM By Meenal for Maruti Swift 2014-2021
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The latest news making way from the global car market is that, Suzuki Motors is willing to end its 2 year old collaboration with the German car maker, Volkswagen. Volkswagen accused Suzuki Motors of violating their alliance pact by approving a diesel engine contract with Fiat. It appears that Fiat Motors might be pretty much interested in striking a partnership.
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According to the reports floating in the global car market, the chief executive of Fiat, Mr. Sergio Marchionne said that Suzuki Motors could be a fascinating partner for the Asian bazaar. Reports also suggest that Marchionne mentioned that there were no conversations with the Veba Trust of US for its venture in Chrysler. The CEO of Fiat has also confirmed the news that FY2011 and FY2012 would be slightly tricky for Fiat Motors.
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On the other hand, the Japanese auto giant, Suzuki Motors is trying its level best to buy back its 19.9% stake, which Volkswagen has in the firm. In India, Suzuki has a strong collaboration with the India’s largest car manufacturer, Maruti. Some of the most prominent car of Maruti Suzuki in India include, Maruti Swift, Maruti Alto, Maruti SX4, Maruti Swift Dzire and Maruti Wagon R.
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