RPT-VW says Suzuki can't legally force stake sale

Newswire

(Repeats to attach to alerts) FRANKFURT, Nov 18 (Reuters) - Volkswagen said it was extremely disappointed that Suzuki Motor Corp. demanded mediation after rejecting VW's offers to rescue a floundering alliance, arguing Suzuki did not have a legal leg on which to stand. "There is no legal foundation whatsoever obliging us to surrender our shares," it said in a statement on Friday, reaffirming its intention to hold on to a 20 percent stake in Suzuki. VW said Suzuki's accusations were ...

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