Suzuki has bought back 16.8% of its own shares previously held by GM. It purchased 91.09 million shares for 227 billion yen (US$1.93m) on the open market, according to Reuters.
Suzuki has bought back 16.8% of its own shares previously held by GM. It purchased 91.09 million shares for 227 billion yen (US$1.93bn) on the open market, according to Reuters.
Suzuki said it would hold the shares for at least a year to allow GM the possibility of repurchasing the shares once it has restructured its balance sheet.
Sign up for our daily news round-up!
Give your business an edge with our leading industry insights.
Nominations are now closed for the Just Auto Technology Excellence Awards. A big thanks to all the organisations that entered – your response has been outstanding, showcasing exceptional innovation, leadership, and impact.
Excellence in Action Continental has secured the Window Displays Innovation Awardin the 2025 Just Auto Excellence Awards for its Window Projection solution, transforming side windows into dynamic, data-rich canvases. Discover how this compact projection technology and intelligent software are reshaping in-car UX and opening fresh revenue streams for OEMs and mobility providers.