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11-05-2012, 10:18 PM
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#1 (permalink)
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what R you lookin' at?
Join Date: Jun 2000
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suzuki files chap. 11
"BREA, Calif., Nov. 5, 2012 – American Suzuki Motor Corporation (“ASMC” or “the Company”), the sole distributor in the continental United States of Suzuki Motor Corporation (“SMC”) automobiles, motorcycles, all-terrain vehicles and marine outboard engines, today announced that it plans to realign its business to focus on the longterm growth of its Motorcycles/ATV and Marine divisions…"
Suzuki Files Chapter 11 - Motorcycle.com News | Motorcycle.com News
__________________
'10 Aprilia Tuono Factory
'09 Suzuki SFV
'08 Busa - Sold
'00 VFR - Sold
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11-05-2012, 10:28 PM
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#2 (permalink)
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World 500 GP Champion
Join Date: Oct 2007
Location: Charlotte, NC
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Oh-Oh.
Wonder if they will get "saved"
Suzuki electric bikes!!
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11-05-2012, 10:50 PM
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#3 (permalink)
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Superbike Champion
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Location: ABQ, New Mexico
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I always like the SX4 crossover hatchback. Its so roomy and comfortable. Too bad, they had a niche going but somehow blew it. Their image was corky small SUVs and 3 cylinder cars.
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11-05-2012, 11:41 PM
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#4 (permalink)
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500 G.P. Champion
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Quote:
Originally Posted by F4sSprintST
Oh-Oh.
Wonder if they will get "saved"
Suzuki electric bikes!!
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I suggest you read the article, its the US auto/car division only, the Power sports (bikes ATV's Marine etc) division will continue as per normal.
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11-06-2012, 05:30 AM
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#5 (permalink)
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World 500 GP Racer
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__________________
Riding a race bike is an art - a thing that you do because you feel something inside. - Valentino Rossi
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11-06-2012, 07:11 AM
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#6 (permalink)
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NO LAG !!!
Join Date: Sep 2006
Location: NEW BERN, NC
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I never considered Suzuki a car company. I won't miss their cars. It seemed that the engineers lacked passion and soul.
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- ROC
Fast, cheap, reliable... pick two! 
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11-06-2012, 08:30 AM
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#7 (permalink)
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You are here
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Only Suzy I ever owned broke. Kinda soured me a bit. Wasn't aware companies could just declare Chapter 11 for funnies and business as usual.
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11-06-2012, 11:21 AM
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#8 (permalink)
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Mexican Hard Shell Taco
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Quote:
Originally Posted by steingar
Only Suzy I ever owned broke. Kinda soured me a bit. Wasn't aware companies could just declare Chapter 11 for funnies and business as usual.
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Chapter 11 is just for "restructuring", it will allow them to ditch a bunch of overhead.
__________________
Go soothingly on the greasy mud, for therein lies the skid demon.
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11-06-2012, 02:42 PM
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#9 (permalink)
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500 GP Racer
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Quote:
Originally Posted by steingar
Wasn't aware companies could just declare Chapter 11 for funnies and business as usual.
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Really? It's been the go-to tool for airline management groups to fuck over labor groups for decades, now.
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11-06-2012, 07:16 PM
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#10 (permalink)
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500 G.P. Champion
Join Date: Apr 2004
Location: UT
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enh, Suzuki could have made a killing if they had kept their pricing in check. It's funny to see them flounder whilst Kia and Hyundai take off.
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11-06-2012, 08:00 PM
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#11 (permalink)
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Superbike Racer
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Quote:
Originally Posted by Zumina
It's funny to see them flounder whilst Kia and Hyundai take off.
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They're about to be forking out some cash, though...
Hyundai, Kia overstated MPG, will pay owners - Nov. 2, 2012
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11-06-2012, 09:25 PM
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#12 (permalink)
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500 GP Racer
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The Kizashi is a nice car. It just need more horse power.
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11-07-2012, 07:39 PM
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#13 (permalink)
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Are we not men?
Join Date: Sep 2004
Location: Hilbert, WI
Age: 54
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Quote:
Originally Posted by Süsser Tod
Chapter 11 is just for "restructuring", it will allow them to ditch a bunch of overhead.
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...and rework their debt so they can hopefully be competitive.
__________________
For as dumb as you are, even you will remember this. - Lee Ving/ Fear
Ever feel you've been cheated? - Johnny Rotten
I go Beltway blitzin' on my mad mofo musclebike WFO. Its a true choice, a god-like experience if you will. The thought that I could buy the farm in a spectacular fireball...................well, that gives me a stiffie! Tesco Vee/The Meatmen
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11-08-2012, 12:03 AM
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#14 (permalink)
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Mexican Hard Shell Taco
Join Date: Jun 2004
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Quote:
Originally Posted by OldSchlPunk
...and rework their debt so they can hopefully be competitive.
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They are giving up entirely on cars and trucks. I'd guess they just don't want the automotive division to bring down the entire company. It's not like if their other ventures were doing so good, they can't afford to keep that division alive.
__________________
Go soothingly on the greasy mud, for therein lies the skid demon.
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