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Car industry

World news about “Car industry” published by euronews.

31/08 14:38 CET

Suzuki soars on news VW must sell stake

Suzuki soars on news VW must sell stake

Japanese arbitrators have ruled in Suzuki’s favour and ordered German carmaker Volkswagon to sell its 19.9% stake in the company. Suzuki’s shares soared on the news, but the arbitrator also found Suzuki to be in breach of contract, and it will have to pay…