Suzuki Motor Corp. accused Volkswagen AG of violating a partnership agreement by not sharing technology and reiterated its demand that the German carmaker sell back its stock.
Toyota Motor Corp. , Japan’s largest carmaker, forecast a surprise drop in profit after the nation’s record earthquake disrupted production and sales while the yen strengthened.
Toyota Motor Corp., the world’s biggest carmaker, will agree today to pay a record $16.4 million fine levied by the U.S. Transportation Department, according to an official at the agency.
Sumitomo Mitsui Financial Group Inc. expects to overtake Ford Motor Co. as the largest shareholder in Mazda Motor Corp. , according to the bank’s chairman.
"It does not look like they will be able to rebuild their relationship."
- Tatsuya Mizuno on Oct 13, 2011