Volkswagen and Suzuki may end EV partnership because of VW's comment
The month of March marked the beginning of a serious spat between the Volkswagen AG and the Suzuki Motor Corporation. The two automobile companies were planning a partnership; however, due to a comment made in Volkswagen’s annual report about Suzuki, the companies plan on walking away from each other, according to Bloomberg report.
The Volkswagen Group’s parent company, Volkswagen Aktiengesellschaft or Volkswagen AG is a German automobile production group, which ranked as the third largest car manufacturer in the world in 2010. In the same year, it was the first largest automobile manufacturer in Europe. The Volkswagen Group is made up of ten active automotive companies and their corresponding marques including Audi AG, Automobili Lamborghini, Bentley Motors Limited, Bugatti Automobiles S.A.S., SEAT, S.A., Škoda automobilová a.s., Volkswagen Passenger Cars, Volkswagen Commercial Vehicles (VWCV), or German: Volkswagen Nutzfahrzeuge (VWN), Scania AB, MAN SE, and the MAN marque (controlling shareholder) which was most recently acquired in July 2011.