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Suzuki Forms Joint Venture for Developing Fuel Cell Technology

Suzuki announced it is partnering with U.K.-based Intelligent Energy Holdings to form a joint venture for developing fuel cell systems. The new joint venture, SMILE FC System Corporation, will work on developing fuel cell systems for both motorcycles and automobiles. Intelligent Energy, with its fuel cell expertise and Suzuki, with its mass production capabilities, will each have 50% share of SMILE FC.

Suzuki to Relocate R&D Facility to Lower Tsunami Risk Area

Suzuki is considering moving its motorcycle research facility from its current coastal location to its main factory in Hamamatsu, Japan, to decrease the risk of damage from future tsunamis. According to a report in the Nikkei business daily, Suzuki is acquiring more land in Hamamatsu to house the research center and other facilities. Suzuki CEO Osamu Suzuki first brought up the idea to relocate some of its higher risk coastal properties during its 2011-2012 fiscal year forecast report.

VIR Pulls Itself from 2011 AMA Pro Racing Schedule

In a surprising move, Virginia International Raceway announced it would not host its scheduled AMA Pro Racing round, just a month before the event was to take place. The Alton, Va., circuit was set to host AMA Pro Racing on Aug. 12-14 but VIR officials have now decided against hosting or promoting the event.