After Volkswagen bought about 20% stake in Suzuki Motors Corporation, Japan, there were rumors of Nissan Suzuki deal going in for a termination. These were indications that Suzuki and Nissan may re-consider continuing this deal after 2012.
After a recent statement by Nissan COO Toshiyuki Shiga stating
Suzuki and Nissan have done a lot of business for many years. As far as we are concerned, nothing changes.
This is a clear news that deal between Nissan and Suzuki over Nissan Pixo (Maruti A-Star rebranded and sold by Nissan in some countries) will not be impacted. There were doubts and rumors related to this deal because Volkswagen itself is working on a small car with Maruti Suzuki to make Make a small Volkswagen Car For India Under Rs. 4 Lakh tag. This is an interesting news, we will keep you updated on any such developments.
source Autocar India
