Differences between Suzuki Motor Corporation and
Maruti Udyog have been settled with Maruti Udyog reportedly getting a 70 per
cent stake in the 2.5 lakh units per year automobile unit and a minority stake
in the diesel engine unit.
Both the companies have agreed that the new
venture will not hurt the prospects of MUL's existing product range.
Related News:
Suzuki
to invest Rs.1,050 crore in greenfield ventures (14-Sep-04)