Will they or won’t they? That’s currently the talk amongst Germany’s auto execs. “They” are Volkswagen and Suzuki. And “will” refers to taking over Suzuki against its will. Yesterday, Der Spiegel, reported that Volkswagen is no longer barred from taking over Suzuki if Suzuki cancels its contract. Der Spiegel, of course, heard that from an interested party that telegraphs to Hamamatsu. “Be careful what you wish for.” Nonetheless, the rumor mill is at high revs. Let’s investigate. (Read More…)
Last week, news about a Dodge Viper ACR kicking “the ever-living crap out of the Lexus LFA and the Corvette ZR1” (in the matchless and breathless words of Jalopnik) made the rounds trough the webz. At the time, Jack Baruth warned that “there’s no ‘official’ word yet” and mused that the slick boys could have used non-stock tires. Ever since, it became quiet. (Read More…)
Interesting twist in the Volkswagen-Suzuki sopu opera (see, Japanese is easy!): Suzuki could be doing Volkswagen a favor by filing for divorce. This way, Volkswagen can swallow Suzuki whole. (Read More…)
One of the reasons why Volkswagen is hitting on all cylinders (don’t be U.S. myopic – always measure a car company by global success) is that they did not stop investing in the wake of the 2008 crash. They did not have to: Sales in the U.S. were low, and where you don’t have a lot, you can’t lose a lot. At the same time, VW had the big luck of being a major player in China. While U.S. and Japanese car companies stopped or severely dialed back their investments into R&D and capacities, Volkswagen kept on spending. This has a delayed effect of 3 to 5 years, and what we are seeing now is just the beginning of this effect. It is also the beginning of an even greater spending spree. (Read More…)
Despite saber-rattling, legal threats and affirmations that Volkswagen does not intend to give up its share in Suzuki, Volkswagen started its climbdown. Ferdinand Piech himself signaled that Volkswagen can go it alone. At the Frankfurt Auto Show, Piech said that Volkswagen is “big enough.” His man Winterkorn quickly fell in step and told Reuters today: “”Suzuki was one option. But we can do it on our own.”
That should be signals enough for everybody at Volkswagen to put the Suzuki saga behind themselves and to concentrate on other pressing business, such as the messy Porsche merger.
Back in Tokyo, The Nikkei [sub] wrote what seems to be Suzuki’s version of the story. (Read More…)
Dieter Zetsche and Carlos Ghosn had their intimate luncheon with selected members of the Fourth Estate today. It took place in the not so fancy, but highly convenient Maritim Hotel, which has a prized asset: A private entrance to the Frankfurt Motor Show. It, and the Marriott across the street, are the hottest properties in Frankfurt during Motor Show days. The TTAC-dispatched fly-on-the-wall reports from the luncheon: (Read More…)
Daimler and Nissan may announce some serious platform sharing, t.b.a. either today or tomorrow on the sidelines of the Frankfurt Motor Show. Bloomberg has heard that Daimler “is considering sharing its small-car platform with Nissan Motor Co.’s Infiniti brand.” (Read More…)
Volkswagen may show the car for lonesome commuter – Audi won’t have that. They have a concept for a single that has a girlfriend. They call it the “1+1-seat, ultra-light car for congested urban spaces.” I don’t know how a car that barely seats two will alleviate urban congestion, but I’m sure Audi will have an answer. For now, “the Audi urban concept combines elements of a racing car, a fun car and an urban car into one radical new concept.” There are two: A Sportback model, and a Spyder. (Read More…)
I once had a Phaeton with a W12 engine – that was fun! Thank God I didn’t have to pay for it. Think of a W12 engine like two VR6 engines engaged in a hot mating ritual. In a Kamasutra-busting position, the two imaginary VR6 engines are mated together at an angle that looks like a W. V – W, get it? (Read More…)
Some car companies would kill if they would have as many new cars in one year as Volkswagen shows concept cars at the Frankfurt International Auto show. Here is a quick overview. Most of them are offshoots of the new Volkswagen up!, which seems to be Volkswagen’s carmeleon. (Read More…)
„It is like being married and getting a divorce. Instead of criticizing each other, it is better to go through it with a smile,” Suzuki’s patriarch chairman Osamu Suzuki told reporters at a hurriedly arranged press conference in Tokyo today. And a divorce it is: Suzuki announced it will terminate its relationship with Volkswagen after a nearly 2 year unhappy and childless marriage.
In a news release, Suzuki announced that “its board of directors has officially determined today dissolution of the comprehensive partnership and the cross-shareholding relationship with Volkswagen AG. “ Here is a short version of the long list of reasons given in the divorce papers (known as the “green form” in Japanese matrimonial matters): (Read More…)
In the long simmering conflict between Suzuki and Volkswagen, the gloves are coming off and we are having a bit of domestic violence. Volkswagen just said in an emailed statement:
“The review of the partnership with Suzuki Motor Corp announced by Volkswagen Aktiengesellschaft has brought its first results. Volkswagen stated in Wolfsburg on Sunday that the company is serving notice of an infringement by Suzuki of the cooperation agreement concluded in December 2009. (Read More…)
There was a time when Bavaria (that’s the south-east of Germany for the geographically challenged) wasn’t known for much more than beer, cows, and King Ludwig’s castle. Now it’s the breeding ground for luxury cars (locally known as the “Premium-Segment”). And the cars breed with wild abandon. Both Audi and BMW report record sales for August. (Read More…)
Volkswagen and Porsche will need to live in concubinage for a while longer. They will live and work together, they will be seen at parties such as the upcoming IAA in Frankfurt together, they share beds and platforms, but they won’t be officially married. Volkswagen announced today ”that the planned merger with Porsche SE cannot be implemented within the time frame provided for in the Comprehensive Agreement. Nevertheless, all parties remain committed to the goal of creating an integrated automotive group with Porsche and are convinced that this will take place.”
And why are the nuptials delayed? Says Volkswagen: (Read More…)
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