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post #1 of 14 (permalink) Old 11-05-2012, 10:18 PM Thread Starter
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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

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post #2 of 14 (permalink) Old 11-05-2012, 10:28 PM
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Oh-Oh.


Wonder if they will get "saved"


Suzuki electric bikes!!
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post #3 of 14 (permalink) Old 11-05-2012, 10:50 PM
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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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post #4 of 14 (permalink) Old 11-05-2012, 11:41 PM
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Originally Posted by F4sSprintST View Post
Oh-Oh.


Wonder if they will get "saved"


Suzuki electric bikes!!
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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post #5 of 14 (permalink) Old 11-06-2012, 05:30 AM
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post #6 of 14 (permalink) Old 11-06-2012, 07:11 AM
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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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post #7 of 14 (permalink) Old 11-06-2012, 08:30 AM
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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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post #8 of 14 (permalink) Old 11-06-2012, 11:21 AM
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Quote:
Originally Posted by steingar View Post
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.
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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post #9 of 14 (permalink) Old 11-06-2012, 02:42 PM
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Wasn't aware companies could just declare Chapter 11 for funnies and business as usual.
Really? It's been the go-to tool for airline management groups to fuck over labor groups for decades, now.
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post #10 of 14 (permalink) Old 11-06-2012, 07:16 PM
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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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post #11 of 14 (permalink) Old 11-06-2012, 08:00 PM
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It's funny to see them flounder whilst Kia and Hyundai take off.
They're about to be forking out some cash, though...

Hyundai, Kia overstated MPG, will pay owners - Nov. 2, 2012
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post #12 of 14 (permalink) Old 11-06-2012, 09:25 PM
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The Kizashi is a nice car. It just need more horse power.
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post #13 of 14 (permalink) Old 11-07-2012, 07:39 PM
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Quote:
Originally Posted by Süsser Tod View Post
Chapter 11 is just for "restructuring", it will allow them to ditch a bunch of overhead.
...and rework their debt so they can hopefully be competitive.

A government big enough to give you everything you want, is big enough to take away everything you have. Thomas Jefferson

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post #14 of 14 (permalink) Old 11-08-2012, 12:03 AM
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...and rework their debt so they can hopefully be competitive.
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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