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Saturday 19 August 2017
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VW Drops Appeal Against Suzuki – Car Pro News

Volkswagen has dropped its appeal of a court ruling in a brand infringement case against estranged partner Suzuki.
In 2004, Volkswagen contested an application granted to Suzuki allowing the Japanese automaker to use the vehicle nameplate “Swift GTi” as a trademark for a derivative of its Swift subcompact car.
The General Court of the European Union said in March that the Suzuki version could not be confused with its own high-performance Golf GTI, which it had trademarked in Germany and other international markets.
The ruling came when the two companies were embroiled in a separate arbitration battle over whether Volkswagen may be forced to divest its near-20 percent stake in Suzuki, bought for 2.2 billion dollars as part of a broad alliance agreed more than two years ago.
A VW spokesman said on Saturday that the automaker had dropped the appeal, confirming an earlier report in the German daily newspaper Die Welt.




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