Japanese carmaker Suzuki said on Friday it would sell its stake in the CAMI Automotive company to U.S. auto giant General Motors, ending its Canadian partnership, the Kyodo news agency reported.

As the result of the deal, General Motors will take full control of the Canadian automaker jointly established by General Motors Co. and Suzuki Motor Corp. in 1986.

CAMI has built over 2.4 million vehicles, including economy cars and small SUVs, since the start of production in 1989.

In September, GM announced that it would sell German automaker Opel to a consortium of Canada's auto parts maker Magna and Russia's Sberbank. The decision was approved by the Opel board and the German government, but the U.S. auto giant decided in early November to retain its big European subsidiary, citing "an improving business environment" in Europe.

TOKYO, December 4 (RIA Novosti)