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American Suzuki files Chapter 11 bankruptcy

GasBuddy Blog -- Automotive News reported this week that American Suzuki Motor Corp., plagued by plummeting sales volume while the industry has climbed back from recession, is ending U.S. auto sales after nearly 30 years. It has filed for Chapter 11 bankruptcy protection.

The company said it will maintain its motorcycle and marine engine business units and will continue to honor auto customers' warranties. Japanese parent Suzuki Motor Corp. is not seeking protection from creditors, the company said.

In its filing, American Suzuki said it "has exhausted all available means to reduce the cost of operating the Automotive Division for it to operate profitably."

The automaker joins Daihatsu, Isuzu and Daewoo as smaller Asian brands...

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Submitted Nov 08, 2012 By: PD

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DeserTBoB Champion Author California Posts:1,324 Points:198,250 Joined:Aug 2012	Message Posted: Nov 17, 2012 12:30:20 PM Ignore DeserTBoB Report Abuse Suzuki came late to the jap sushi roll car party when clueless people thougth "japanese were better", and now, like Dihatsu and a few others, is gone. They never had much going for them.
jamtexFL Rookie Author Miami Posts:6 Points:700 Joined:Nov 2012	Message Posted: Nov 16, 2012 4:40:52 PM Ignore jamtexFL Report Abuse I know I haven't seen much of their cars on the road, only suzuki bikes
garywa01 Sophomore Author Alberta Posts:130 Points:377,565 Joined:Jan 2012	Message Posted: Nov 13, 2012 5:15:04 PM Ignore garywa01 Report Abuse i love my Aerio
honda0105 Champion Author Tallahassee Posts:18,590 Points:1,606,595 Joined:Nov 2008	Message Posted: Nov 11, 2012 7:00:23 AM Ignore honda0105 Report Abuse they're better off sticking to motorcycles and other smaller vehicles.
VanIsleLes All-Star Author British Columbia Posts:898 Points:274,595 Joined:Jun 2012	Message Posted: Nov 10, 2012 8:29:26 PM Ignore VanIsleLes Report Abuse Sad
Double_Golden Champion Author San Francisco Posts:2,545 Points:602,460 Joined:Aug 2011	Message Posted: Nov 9, 2012 11:34:10 PM Ignore Double_Golden Report Abuse 2 days old news...
rbutterw Champion Author Raleigh Posts:1,165 Points:290,575 Joined:Mar 2012	Message Posted: Nov 9, 2012 9:14:06 PM Ignore rbutterw Report Abuse Suzuki made a great Tracker like vehicle
tomok Champion Author Portland Posts:32,934 Points:2,342,585 Joined:Aug 2006	Message Posted: Nov 9, 2012 4:44:04 PM Ignore tomok Report Abuse American Suzuki files Chapter 11 bankruptcy. A related article on Nov 5, 6, 'Suzuki to stop U.S. auto sales, exit market.' Suzuki will keep the motorcycle and marine engine business and honor the auto customer warranties. Are they still making Suzuki's autos? You never hear them advertized or ever see one on the road. Another manufacturer taken out with Sneeky's failed economy. A 50mpg vehicle would sell in this economy and it would not matter what the quality of the vehicle was. And that Fiat (Fix It Again Tony) is on the road too! What will happen next? 'Coming out of the closet' Sneeky's lousy, smoke and mirrors, lack of jobs, dog and pony show and in the crapper economy, the 'jobs' are Not here and more businesses have to close their doors. Sneeky's economy is not improving but continues to hurt the population and the job numbers continue to be down. AND, another four years of doom and gloom, when will it ever improve? Whatever the size or shape of the vehicle, Produce and ‘Drive’ vehicles with high MPG, are very safe, reliable, have a ‘reasonable’ cost and a good ‘value’ for the money. The price of fuel at the pump is too high! XII/XXII/MMXII!
slowtrain Champion Author Georgia Posts:3,652 Points:945,975 Joined:Aug 2008	Message Posted: Nov 9, 2012 4:32:49 PM Ignore slowtrain Report Abuse Yesterday's and the day's before news.
sanjeev3 Rookie Author Toronto Posts:71 Points:42,185 Joined:Jan 2009	Message Posted: Nov 9, 2012 4:25:27 PM Ignore sanjeev3 Report Abuse ok
LCSTEELERBOB Champion Author Gary Posts:2,961 Points:720,030 Joined:Oct 2008	Message Posted: Nov 9, 2012 4:24:38 PM Ignore LCSTEELERBOB Report Abuse This is an old post, and I have posted about this twice before
balljars Champion Author Michigan Posts:8,113 Points:1,610,595 Joined:Aug 2008	Message Posted: Nov 9, 2012 4:24:18 PM Ignore balljars Report Abuse To bad nice company to do business with.
hank1326 Champion Author Los Angeles Posts:8,904 Points:1,731,110 Joined:Jun 2008	Message Posted: Nov 9, 2012 4:22:55 PM Ignore hank1326 Report Abuse Did not think they had a chance with the current economy and market.
Voltus Champion Author Miami Posts:8,446 Points:1,554,425 Joined:May 2005	Message Posted: Nov 9, 2012 4:22:24 PM Ignore Voltus Report Abuse just buy American
GordoM All-Star Author Detroit Posts:996 Points:991,005 Joined:Nov 2006	Message Posted: Nov 9, 2012 4:21:09 PM Ignore GordoM Report Abuse Too bad, but stopping the losses on the cars will hopefully keep the motorcycles, outboards, etc. in business.
DrLyon Champion Author Michigan Posts:6,640 Points:1,209,180 Joined:May 2006	Message Posted: Nov 9, 2012 4:19:28 PM Ignore DrLyon Report Abuse Now, old news...
CAD69 Champion Author Milwaukee Posts:3,186 Points:842,240 Joined:Nov 2010	Message Posted: Nov 9, 2012 4:19:11 PM Ignore CAD69 Report Abuse Really old news!
manbig13 Champion Author Cleveland Posts:1,431 Points:556,725 Joined:May 2011	Message Posted: Nov 9, 2012 4:18:03 PM Ignore manbig13 Report Abuse yep
preacherjohn Champion Author Modesto Posts:3,974 Points:1,915,840 Joined:May 2006	Message Posted: Nov 9, 2012 4:17:45 PM Ignore preacherjohn Report Abuse so be it..
The_DR Champion Author New Jersey Posts:2,770 Points:582,140 Joined:Aug 2011	Message Posted: Nov 9, 2012 4:17:44 PM Ignore The_DR Report Abuse we'll see ya
bby Champion Author Twin Cities Posts:5,709 Points:1,018,995 Joined:Nov 2009	Message Posted: Nov 9, 2012 4:17:26 PM Ignore bby Report Abuse ok
5Golfer8 Champion Author Tucson Posts:2,128 Points:298,600 Joined:Jun 2011	Message Posted: Nov 9, 2012 4:14:50 PM Ignore 5Golfer8 Report Abuse Goodbye Sosuckee.
Discovery02 Champion Author Colorado Springs Posts:2,520 Points:306,665 Joined:May 2012	Message Posted: Nov 9, 2012 4:14:07 PM Ignore Discovery02 Report Abuse Protecting themselves from creditors and from having to pay their bills.
DYSKYPILOT Champion Author Fort Worth Posts:2,887 Points:622,780 Joined:Mar 2006	Message Posted: Nov 9, 2012 4:14:05 PM Ignore DYSKYPILOT Report Abuse ok
del55 Rookie Author Albuquerque Posts:15 Points:63,515 Joined:Aug 2012	Message Posted: Nov 9, 2012 4:13:59 PM Ignore del55 Report Abuse Too bad
Mowerman08 Champion Author Milwaukee Posts:4,745 Points:1,215,070 Joined:Aug 2008	Message Posted: Nov 9, 2012 4:13:48 PM Ignore Mowerman08 Report Abuse Get rid of this topic, it has been here in one form or another for several days.
souly Champion Author Montreal Posts:1,750 Points:429,445 Joined:Jun 2010	Message Posted: Nov 9, 2012 4:13:25 PM Ignore souly Report Abuse thanks for the post
weenerdog Champion Author Detroit Posts:9,446 Points:1,881,965 Joined:Jan 2008	Message Posted: Nov 9, 2012 4:09:52 PM Ignore weenerdog Report Abuse rerun
MacDad614 Champion Author Atlanta Posts:3,024 Points:1,174,025 Joined:Aug 2008	Message Posted: Nov 9, 2012 4:08:36 PM Ignore MacDad614 Report Abuse Old news - from November 5 - http://www.marketwatch.com/story/us-suzuki-distributor-files-for-chapter-11-2012-11-05
Bubba44612 Champion Author Ohio Posts:7,381 Points:1,874,155 Joined:Aug 2005	Message Posted: Nov 9, 2012 4:07:30 PM Ignore Bubba44612 Report Abuse 3rd day I've posted on this.
OOXXFF Champion Author Greensboro Posts:3,043 Points:1,075,505 Joined:Sep 2009	Message Posted: Nov 9, 2012 4:03:36 PM Ignore OOXXFF Report Abuse Too bad.
hammer219115 Veteran Author Pennsylvania Posts:411 Points:22,950 Joined:Aug 2006	Message Posted: Nov 9, 2012 4:02:33 PM Ignore hammer219115 Report Abuse Good luck to them.
KillChain Champion Author Albuquerque Posts:5,605 Points:1,528,535 Joined:Jun 2006	Message Posted: Nov 9, 2012 4:02:22 PM Ignore KillChain Report Abuse Too bad, All those jobs.
jimmy544 Champion Author Boston Posts:4,088 Points:650,930 Joined:Feb 2011	Message Posted: Nov 9, 2012 3:58:47 PM Ignore jimmy544 Report Abuse Yesterdays news!
MG_Sputnik Champion Author Philadelphia Posts:7,295 Points:1,957,705 Joined:Apr 2006	Message Posted: Nov 9, 2012 3:57:15 PM Ignore MG_Sputnik Report Abuse This is the 2nd day in a row they filed for bankruptcy. Does that mean they're back in business???
stevencr Champion Author Ohio Posts:5,641 Points:1,431,840 Joined:Mar 2009	Message Posted: Nov 9, 2012 3:49:32 PM Ignore stevencr Report Abuse With the poor economy world wide, it's going to be a tough way to go for a lot of businesses.
Gas4Gore Champion Author Detroit Posts:2,401 Points:419,875 Joined:Jan 2010	Message Posted: Nov 9, 2012 3:45:58 PM Ignore Gas4Gore Report Abuse Old news.
hwmillerster Champion Author Missouri Posts:6,774 Points:1,462,420 Joined:Oct 2008	Message Posted: Nov 9, 2012 3:45:53 PM Ignore hwmillerster Report Abuse It was to be expected, there is a lot of competition out there and Suzuki didn't have a remarkable product.
DABEE1073 Champion Author San Diego Posts:8,195 Points:1,570,385 Joined:Jun 2008	Message Posted: Nov 9, 2012 3:45:38 PM Ignore DABEE1073 Report Abuse Read it yesterday.
bababooey2 Champion Author Hartford Posts:6,337 Points:1,299,915 Joined:Sep 2009	Message Posted: Nov 9, 2012 3:45:19 PM Ignore bababooey2 Report Abuse There is cobweds setting in on this one.
jellybelly72 Veteran Author San Bernardino Posts:451 Points:298,555 Joined:Jul 2011	Message Posted: Nov 9, 2012 3:45:14 PM Ignore jellybelly72 Report Abuse I see
nigelb Champion Author Virginia Posts:8,444 Points:1,388,830 Joined:Feb 2008	Message Posted: Nov 9, 2012 3:44:24 PM Ignore nigelb Report Abuse Old news.
rte3tdi Rookie Author New Hampshire Posts:45 Points:440,080 Joined:Mar 2011	Message Posted: Nov 9, 2012 3:41:48 PM Ignore rte3tdi Report Abuse Will they still make a subcompact for GM?
CPGas1815 Champion Author Michigan Posts:6,027 Points:1,099,605 Joined:Apr 2008	Message Posted: Nov 9, 2012 3:40:39 PM Ignore CPGas1815 Report Abuse Old news.
fullauto Champion Author Reading Posts:5,305 Points:1,469,140 Joined:Apr 2008	Message Posted: Nov 9, 2012 3:40:02 PM Ignore fullauto Report Abuse not news
bobsalwaysmt Champion Author Long Island Posts:4,649 Points:265,265 Joined:Oct 2007	Message Posted: Nov 9, 2012 3:38:09 PM Ignore bobsalwaysmt Report Abuse OLD!
sydb7 Champion Author Atlanta Posts:3,542 Points:1,916,730 Joined:Mar 2003	Message Posted: Nov 9, 2012 3:38:05 PM Ignore sydb7 Report Abuse Old!
waynemustang Champion Author Indiana Posts:6,362 Points:1,662,860 Joined:Nov 2006	Message Posted: Nov 9, 2012 3:35:36 PM Ignore waynemustang Report Abuse Gone the way of the Oldsmobile, Pontiac, and Plymouth.
lunarrv15 Champion Author Cincinnati Posts:14,847 Points:2,382,385 Joined:Dec 2005	Message Posted: Nov 9, 2012 3:33:39 PM Ignore lunarrv15 Report Abuse okay...interesting thanks for posting
hallows Champion Author St. Louis Posts:4,683 Points:2,801,695 Joined:Jun 2004	Message Posted: Nov 9, 2012 3:25:09 PM Ignore hallows Report Abuse Old news!