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GM Sells Stake in Suzuki, Alliance Intact

This image was lost some time after publication.
This image was lost some time after publication.

Over the weekend, GM announced it was selling its 17.5% of its 20% stake in Suzuki for $2 billion; today Automotive News reports the companies' production and sales alliance will endure the change in ownership. In fact, despite the sell-off, operations will likely remain status quo between the companies for the time being, with Suzuki continuing to buy the GM Daewoo cars it markets as the Suzuki Verona, Forenza, and Reno (motto: what's that rattling sound?) in North America as per its contract, which runs through the models' lives.


GM, Suzuki to continue making, selling cars together [Automotive News]

Suzuki Blames GM-Partner Cars for Poor Quality Scores [internal]

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