Photo: ridermagazine.com
Suzuki's auto sales in the United States are now closer to coming to an end, after a Californian court accepted the American Suzuki Motor Corporation's bankruptcy plan.
According to the company's Chapter 11 reorganization scheme, Suzuki Motor of America will be selling only motorcycles, ATVs and powersports equipment once the current car inventory is being sold out.
"Taking into account the issue of the exchange rates and the fact that we have no future outlook for making large vehicles, I think re-entry would be extremely hopeless," said Charmain Osamu Suzuki, putting an end to all hopes of a future auto market revival in the US.
To give you a glimpse of what Suzuki's been through the past years, sales have slumped from over 100,000 vehicles in 2007 to just a little over 25,000 units in 2012, as Automotive News reports.
If you still want a Suzuki before they're sold out, you should know that only 1,376 SX4 and Kizashi models are currently available in the company's US inventory.
"Taking into account the issue of the exchange rates and the fact that we have no future outlook for making large vehicles, I think re-entry would be extremely hopeless," said Charmain Osamu Suzuki, putting an end to all hopes of a future auto market revival in the US.
To give you a glimpse of what Suzuki's been through the past years, sales have slumped from over 100,000 vehicles in 2007 to just a little over 25,000 units in 2012, as Automotive News reports.
If you still want a Suzuki before they're sold out, you should know that only 1,376 SX4 and Kizashi models are currently available in the company's US inventory.
Google News