Thursday, November 8, 2012

American Suzuki Files for Bankruptcy

Certainly wanting to bury the news in the after-work hours, American Suzuki Motor Corporation has just announced that it is filing for Chapter 11 protections, as the American subsidiary of Suzuki Motor Corporation heads into bankruptcy and business restructuring. Pivoting its business to focus on marine and motorcycle/ATV sales, Suzuki will wind-down and ultimately stop selling cars in the US market. In its press release, Suzuki says will honor all current warranties, and parts and ...

...

Source: http://feedproxy.google.com/~r/AsphaltandRubber/~3/TpWXB7_gBJE/

Brian Ball Andrea Ballerini

No comments:

Post a Comment