Osamu Suzuki, the director and CEO of Suzuki, has confirmed that they are not in talks with Volkswagen for a small car alliance in which Volkswagen is going to invest. During the last week, there were rumors that Volkswagen was considering acquiring a 10% stake in Suzuki.
In an interview with Chunichi Shimbun, Osamu says: “Right now, we are not in contact with Volkswagen for this issue, and just like before, we are again becoming a victim of lots of rumors.”