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New investor allows Suzuki to fend off VW

After years of legal wrangling, the long-soured partnership between Volkswagen and Suzuki looks finally to be coming out of arbitration, according to Bloomberg. As a sign of the Japanese brand's improved fortunes, hedge fund Third Point LLC recently bought an undisclosed stake in the company. The investor reported seeing a major opportunity in the successful Maruti Suzuki business in India. As an investment, the only major problem that Third Point found with Suzuki was its legal battle with VW. "The company's greatest asset is its low-cost manufacturing process for vehicles for the emerging market consumer," the fund said in a letter, according to Bloomberg. Third Point reportedly also wants a seat on Suzuki's board, despite being a minority shareholder. The alliance between Suzuki and VW goes back to late 2009. In the deal, the Japanese brand was meant to get access to cutting-edge tech, and the German firm got a helping hand towards better establishing itself in India and Southeast Asia. Things didn't go as planned, though. Less than two years later, Suzuki's boss publicly derided the deal. Eventually, the allegations started going back and forth, and the two have been working out a way to untangle practically ever since. Among the biggest issue has been how to get back the 19.9 percent stake that VW purchased. According to Bloomberg, the arbitration is now technically over. With the divorce nearly final, the two sides are just waiting on a decision on how to split things up. Suzuki may even just buy VW's stake to get the shares back.

Suzuki recalling 200K crossovers over airbag woes

Suzuki may not be selling any new cars in the US anymore, but there are still plenty of them on American roads. Nearly 200,000 of those will need to be taken off said roads - for a little while, at least.
The National Highway Traffic Safety Administration has issued a recall for 2006-2011 Suzuki Grand Vitara SUVs and 2007-2011 SX4 crossovers due to a faulty airbag sensor. The issue apparently results from the front passenger-side floor mat causing the Occupant Classification System (OCS) sensor to malfunction over time, so whether there's a kid or an adult in the front seat, the airbag could deploy in the event of a crash.
As a result, Suzuki Motor of America is calling in 193,936 vehicles to replace the front passenger-seat cushion assembly. That's a whole lot of cars to recall, but it comes as no big surprise. Owners can expect to be notified in October. Full details in the recall announcement below.

Suzuki recalls nearly 61k SX4s and Kizashis for shifting out of Park

Suzuki has discovered an issue with the gearshift lever on some of its vehicles, and has issued a recall in coordination with the National Highway Traffic Safety Administration to address the problem. The issue affects the the 2010-2013 SX4 and Kizashi models fitted with automatic transmissions manufactured between specific dates in 2009 to 2012. In the affected vehicles, the shifter could slide out of the Park position without the brake pedal being depressed, which needless to say could lead to the vehicle unexpectedly rolling away. All told, the recall affects an estimated 60,823 vehicles, the owners of which can expect to head from the manufacturer to bring their Suzukis in to their local dealership to have the shift selector assembly replaced entirely, starting January 19. Since Suzuki no longer sells new cars in the US, owners looking for dealers and authorized service points are advised to check out the company's service provider website tool here. RECALL Subject : Shift Selector Moved From Park Report Receipt Date: DEC 22, 2014 NHTSA Campaign Number: 14V811000 Component(s): POWER TRAIN Potential Number of Units Affected: 60,823 Manufacturer: Suzuki Motor of America, Inc. SUMMARY: Suzuki Motor of America, Inc. (Suzuki) is recalling certain model year 2010-2013 SX4 vehicles manufactured July 16, 2009, to November 1, 2012, and 2010-2013 Kizashi vehicles manufactured October 13, 2009, to October 31, 2012. The shift selector can be moved out of the "Park" position without depressing the brake pedal. CONSEQUENCE: If the shift selector is moved out of the "Park" position while the brake pedal is not depressed, the vehicle may unexpectedly roll, increasing the risk of a vehicle crash. REMEDY: Suzuki will notify owners, and dealers will replace the shift selector assembly, free of charge. The recall is expected to begin January 19, 2015. Owners may contact Suzuki customer service at 1-714-996-7040. Suzuki's number for this recall is VL. NOTES: Owners may also contact the National Highway Traffic Safety Administration Vehicle Safety Hotline at 1-888-327-4236 (TTY 1-800-424-9153), or go to www.safercar.gov. Featured Gallery 2011 Suzuki Kizashi Sport View 20 Photos News Source: National Highway Traffic Safety AdministrationImage Credit: Suzuki Recalls Suzuki Safety Crossover Hatchback Sedan suzuki sx4 suzuki kizashi