Japanese automobile titan Suzuki Motor Corporation will move its office in Beijing to Shanghai, east China, and the relocation will also involve the core departments of Suzuki China.
But the Japanese auto titan declined to confirm the saying. Earlier, it has started working on the marketing integration of its China-based ventures, Jiangxi Changhe Suzuki Automobile Co., Ltd. and Chongqing Chang'an Suzuki Automobile Co., Ltd.
After the relocation to Shanghai, some analysts guessed that Suzuki Motor would possibly join hands with Chinese auto giant Shanghai Automotive Industry Corp. (Group) (SAIC) via Volkswagen.
Other analysts predicted that the Japanese auto titan would purchase a stake in General Motors, starting cooperation directly with SAIC. An executive at GM China, however, stressed that they knew nothing about the issue.
Due to the shortage of new products, Chang'an Suzuki Automobile has started falling behind its counterparts in China gradually, told industry insiders.
In the first eight months of this year, the venture, headquartered in Chongqing, southwest China, aggregately sold 91,925 vehicles, inching up 9.3 percent from a year earlier, lower than expected.
