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Volkswagen forced to sell stake in Suzuki

The six-year-long failed marriage between Volkswagen and Suzuki has finally come to an end. Almost. An arbitration panel in London issued its final verdict which, according to a VW press release, cleared Suzuki in terminating the agreement, so VW now needs to get rid of its 19.9-percent share. However, the tribunal's decision said VW performed all of its obligations and Suzuki didn't – the Japanese carmaker should have given VW last-call rights for a delivery of diesel engines, but failed to. The breach opens Suzuki up to damage claim, but so far VW only says it reserves the right to sue. Now that Suzuki has an outside investor to provide funds it meant to get from VW, perhaps both can get back to their reasons for being. The press release is below. Ruling in arbitration proceedings: Cooperation between Volkswagen and Suzuki deemed terminated - Arbitral tribunal confirms Volkswagen met contractual obligations and finds that Suzuki has ordinary right to terminate agreement based on reasonable notice - Volkswagen to dispose of its 19.9 percent stake in Suzuki and expects positive effect on Company's earnings and liquidity from transaction - Arbitrators also find that Suzuki breached its contractual obligations to Volkswagen under the agreement and that Volkswagen has right to claim damages Wolfsburg, 30 August 2015 - An arbitral tribunal in London has announced its ruling in the dispute between Suzuki Motor Corporation and Volkswagen Aktiengesellschaft. As a result, cooperation between the two parties is deemed terminated. The arbitrators confirmed that Volkswagen met its contractual obligations under the cooperation agreement and found that Suzuki has terminated the agreement upon reasonable notice. Volkswagen will therefore now dispose of its 19.9 percent stake in Suzuki and expects a positive effect on the Company's earnings and liquidity from the transaction. The arbitral tribunal also confirmed that Suzuki breached its contractual obligations to Volkswagen under the agreement and that Volkswagen has the right to claim damages. "We welcome the clarity created by this ruling. The tribunal rejected Suzuki's claims of breach and found that Volkswagen met its contractual obligations under the cooperation agreement. Nevertheless, the arbitrators found that termination of the cooperation agreement by Suzuki on reasonable notice was valid, and that Volkswagen must dispose of the shares purchased.

Funning around with ZF's Smart, Advanced Urban Vehicles

ZF has a lot of experience building various electric vehicle parts, including transmissions, but it doesn't put them all together into one cute little package that often. The ZF Advanced Urban Vehicle changes that, and shows what the company can do when it takes bits and pieces of its admittedly cool tech and throws them all into the shell of an old Suzuki Swift. We got to control the all-electric beast at an event in Germany this summer, using nothing but a connected iPad. There were three headline technologies on the AUV (also called the Smart Urban Vehicle): the remote control Smart Parking Assist function, the all-electric rear-axle drive electric Twist Beam (eTB), and the PreVision Cloud Assist. PreVision Cloud Assist ZF had a short track set up for us to try out the PreVision Cloud Assist. The first time around the track, nothing was different. It's not supposed to be. The trick with Cloud Assist is that the car saves real-world driver interactions into its memory and, with the addition of GPS coordinates, starts to learn how to drive the route. Go to work the same way every day? If you're being assisted by a cloud, then all you have to do is steer. The car learns how fast it can take a turn and when it needs to slow down, with the idea here is to let the car move when it can, increasing the efficiency and range of an EV. You're still in charge in case of traffic ahead, but in open road circumstances, you won't need to touch the brakes or the gas. Just the steering wheel. On my second time around the demo track (which had data from other drivers who had tested the car earlier in the day), I kept my feet off the pedals, and the darn thing worked. It slowed me down when necessary to make a curve, but kept me at a brisk pace that felt a bit too fast but was in fact totally appropriate. Electric Twist Beam There's another bit of cool tech hidden near the front wheels. The car uses a MacPherson strut that was modified to offer a wider steering angle, up to 75 degrees, to be exact. ZF calls this the electric Twist Beam (eTB), and it gives the car an incredibly tight turning radius, about 6.5 meters. An axle like this could go into an EV or an ICE vehicle, but it makes a lot of sense in an electric car since it does have a major problem: it can't be powered. No worries, thought ZF engineers, who made the little SUV rear-wheel-drive by adding two electric motors.

Here are a few of our automotive guilty pleasures

It goes without saying, but I'll say it anyway. The world is full of cars, and just about as many of them are bad as are good. It's pretty easy to pick which fall into each category after giving them a thorough walkaround and, more important, driving them. But every once in a while, an automobile straddles the line somehow between good and bad — it may be hideously overpriced and therefore a marketplace failure, it may be stupid quick in a straight line but handles like a drunken noodle, or it may have an interior that looks like it was made of a mess of injection-molded Legos. Heck, maybe all three. Yet there's something special about some bad cars that actually makes them likable. The idea for this list came to me while I was browsing classified ads for cars within a few hundred miles of my house. I ran across a few oddballs and shared them with the rest of the team in our online chat room. It turns out several of us have a few automotive guilty pleasures that we're willing to admit to. We'll call a few of 'em out here. Feel free to share some of your own in the comments below. Dodge Neon SRT4 and Caliber SRT4: The Neon was a passably good and plucky little city car when it debuted for the 1995 model year. The Caliber, which replaced the aging Neon and sought to replace its friendly marketing campaign with something more sinister, was panned from the very outset for its cheap interior furnishings, but at least offered some decent utility with its hatchback shape. What the two little front-wheel-drive Dodge models have in common are their rip-roarin' SRT variants, each powered by turbocharged 2.4-liter four-cylinder engines. Known for their propensity to light up their front tires under hard acceleration, the duo were legitimately quick and fun to drive with a fantastic turbo whoosh that called to mind the early days of turbo technology. — Consumer Editor Jeremy Korzeniewski  Chevrolet HHR SS: Chevy's HHR SS came out early in my automotive journalism career, and I have fond memories of the press launch (and having dinner with Bob Lutz) that included plenty of tire-smoking hard launches and demonstrations of the manual transmission's no-lift shift feature. The 260-horsepower turbocharged four-cylinder was and still is a spunky little engine that makes the retro-inspired HHR a fun little hot rod that works quite well as a fun little daily driver.