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Old 11-06-2012, 03:45 AM   #1
Pantah OP
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Eek American Suzuki Files Bankruptcy Reorg...

Thorough article in John's world.

Cliff notes say the car biz is sinking them. They'll stop paying their debtholders while refocussing on motorcycle and marine distribution, where apparently they are competitive. Suzuki Motor is not a part of the bankruptcy filing for some reason. I thought American Suzuki was a wholly owned subsidiary. It's probably explained in the article, but I rarely read anything longer than a paragraph.
Straight ahead and faster -Bo Weaver 1970
"There I was..." -Griffin Niner Three Hotel
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Old 11-06-2012, 04:22 AM   #2
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Just saw they closed their motorcycle production factory in Spain as well. Hard times...
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Old 11-06-2012, 04:36 AM   #3
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D'oh.. 200 ppl out of work.. in a 250k city. Not exactly what Spain (or those 200 people) needs at the moment..
Suzuki DL1000 -07 || Suzuki TL 1000 S -99 || Suzuki GSX 1100 E -82

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K0m4 screwed with this post 11-06-2012 at 04:50 AM
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Old 11-06-2012, 04:45 AM   #4
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Sorry to hear of this one.
First the Earth cooled. Next came rats, cockroaches and KLR's... and life was good.
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