Suzuki Denies Resumption of VW Talks

Suzuki Motor Corp. says it has not resumed talk with Volkswagen AG about how to resolve a legal dispute over the dissolution of their equity alliance.

Bloomberg News reported earlier this week that Suzuki's president and VW's chairman were participating in such discussions.

Suzuki has a case pending against the German carmaker at the ICC International Court of Arbitration in London. The case seeks to force VW to sell its 19.9% Suzuki strike.

The companies formed the joint venture in late 2009. But culture clashes kept the partners from pursuing work on minicars and advanced powertrain technologies. Suzuki demanded a "divorce" in September 2011 and shed its 1.5% VW stake.