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Mon Nov 5, 2012, 10:53 PM

American Suzuki to file for bankruptcy, end U.S. auto sales

Source: Los Angeles Times

By Jerry Hirsch

November 5, 2012, 5:03 p.m.
American Suzuki Motor Corp. said Monday that it will file for bankruptcy protection and will stop selling cars in the U.S.

The Brea-based company plans to restructure so that it can continue to sell Suzuki motorcycles, all-terrain vehicles and marine outboard engines.

--------

Suzuki started selling cars in the U.S. back in 1985. It is best known for the Samurai sport-utility and the Swift compact car.

But the company has been almost an afterthought in U.S. auto sales in recent years. Through the first 10 months of this year, the company has sold roughly 21,000 vehicles in the U.S., about 1,000 less than last year.

Read more: http://www.latimes.com/business/autos/la-fi-mo-autos-suzuki-bankruptcy-20121105,0,488732.story

29 replies, 3857 views

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Reply American Suzuki to file for bankruptcy, end U.S. auto sales (Original post)
ellisonz Nov 2012 OP
pasto76 Nov 2012 #1
AtheistCrusader Nov 2012 #20
tabasco Nov 2012 #27
Bozita Nov 2012 #2
high density Nov 2012 #3
madrchsod Nov 2012 #4
codjh9 Nov 2012 #5
Art_from_Ark Nov 2012 #6
codjh9 Nov 2012 #7
actslikeacarrot Nov 2012 #8
NBachers Nov 2012 #9
Art_from_Ark Nov 2012 #10
mwooldri Nov 2012 #18
LeftyMom Nov 2012 #11
Art_from_Ark Nov 2012 #12
AtheistCrusader Nov 2012 #21
bullwinkle428 Nov 2012 #13
lutefisk Nov 2012 #15
Rob H. Nov 2012 #17
AtheistCrusader Nov 2012 #22
Agschmid Nov 2012 #23
tabasco Nov 2012 #28
pstokely Nov 2012 #14
Art_from_Ark Nov 2012 #16
mwooldri Nov 2012 #19
kooljerk666 Nov 2012 #24
Fumesucker Nov 2012 #29
sarcasmo Nov 2012 #25
AverageJoe90 Nov 2012 #26

Response to ellisonz (Original post)

Mon Nov 5, 2012, 10:56 PM

1. Fuck!

love my suzukis. Yes, I drive a suzuki, because I want to NOT use a lot of gasoline. I fought a war for oil and am not keen to do so again

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Response to pasto76 (Reply #1)

Tue Nov 6, 2012, 09:09 AM

20. Our Geo and Chevy Tracker were suzuki's under the hood.

You might still be able to find their vehicles under other badges.

Damn fine vehicles. Tracker lasted us 220,000 miles, sold it for $3,000. Only major mechanical issue was some bushings in the transmission. That's not bad at all.

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Response to AtheistCrusader (Reply #20)

Thu Nov 8, 2012, 06:04 PM

27. Just got a 2002 Tracker in great shape .

Excellent little vehicle. Built tough and 4x4 works like a charm.

Getting it painted next week.

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Response to ellisonz (Original post)

Mon Nov 5, 2012, 11:02 PM

2. Calling Bain Capital ... Calling Bain Capital ... Betting there's still some meat on them bones!

Mitt can put this on his "to do" list for Wednesday morning!

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Response to ellisonz (Original post)

Mon Nov 5, 2012, 11:10 PM

3. This doesn't surprise me

I considered the Kizashi a few years ago, but I felt I couldn't trust Suzuki to be here for the long term...

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Response to ellisonz (Original post)

Mon Nov 5, 2012, 11:11 PM

4. the sport model was a nice little rocket....

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Response to ellisonz (Original post)

Mon Nov 5, 2012, 11:15 PM

5. The cars seem kind of cool, but (inexplicably to me) don't get mpg of similar size and

class of vehicles (like Toyota, Honda, Mazda)

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Response to codjh9 (Reply #5)

Mon Nov 5, 2012, 11:22 PM

6. I've had a few Suzuki cars

One was a Chevy Sprint It was all Suzuki except for the name-- nearly an exact duplicate of the Suzuki Cultus that was being sold in Japan at the same time. That little car would get up to 50mpg on the highway.

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Response to Art_from_Ark (Reply #6)

Mon Nov 5, 2012, 11:24 PM

7. Ah ... I was only talking about the window sticker numbers, not from actual experience

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Response to ellisonz (Original post)

Mon Nov 5, 2012, 11:27 PM

8. damn

picked up a 2006 forenza two years ago for under five grand, car runs great with no major problems (so far haha). Guess i'm going to have to stick to my Fords from now on. I feel bad for the workers who are now going to be out of work.


Off topic, but why the HELL is it so hard to find a car with a manual transmission these days?

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Response to actslikeacarrot (Reply #8)

Mon Nov 5, 2012, 11:40 PM

9. Sure love my five-speed NUMMI-built Nissan

They sure useta make good cars at that plant.

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Response to actslikeacarrot (Reply #8)

Mon Nov 5, 2012, 11:45 PM

10. A lot of the newer used cars you see these days

are depreciated former rental cars, and all of the major rental car companies have switched to all automatics. The last time I rented a car in the US, I specifically asked for a manual (I HATE automatics), and the lady at the desk looked at me like I had just walked out of a space ship. The reason they gave me for all automatics was "too many people were stripping the gears of the manuals".

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Response to Art_from_Ark (Reply #10)

Tue Nov 6, 2012, 08:07 AM

18. Reverse is the case in Europe.

I *rarely* get what I ask for in a rental car in England. I am one of those people who doesn't know how (yet) to drive a manual transmission vehicle (and for reasons I will not state here, my wife won't let me). I ask for something like a Ford Focus - with automatic transmission. I turn up to find no such vehicle exists. The rental clerk asks me if I will accept manual, and I ask them if they're planning to replace the transmission in the vehicle in a couple of days or so. So that Ford Focus suddenly becomes a large Volvo, or even a Minivan in one case. Admittedly the minivan was beat up a bit so when I did a little more damage nothing was really noted about it at all, blamed on the prior accidents apparently.

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Response to actslikeacarrot (Reply #8)

Mon Nov 5, 2012, 11:46 PM

11. Because hardly anybody knows how to drive one.

It's easier to aim your car vaguely in the direction you want to go while juggling your coffee and ithings. Can't really do that in a manual.

edit: The nice thing is if you've got a manual it keeps the theft risk down somewhat. And if it is stolen you're likely as not to find it a few blocks away where the kid who took it stalled out.

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Response to LeftyMom (Reply #11)

Tue Nov 6, 2012, 12:13 AM

12. And if the battery dies in your manual,

give it a push and "kick-start" the thing.*

*I have heard rumors that this was actually bad for manuals with catalytic converters, but a mechanic told me that that was not true. And one time my manual stalled while it was moving and the clutch was engaged, so I let up on the clutch and the car started back up. So I *think* it's safe.

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Response to Art_from_Ark (Reply #12)

Tue Nov 6, 2012, 09:11 AM

21. Won't hurt the cat at all.

It's not great for the driveline or the bearings in the motor, but won't hurt your catalytic converter or EGR system at all.

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Response to actslikeacarrot (Reply #8)

Tue Nov 6, 2012, 12:17 AM

13. Chevy Cruze Eco, along with several Hondas and Hyundais have excellent manual transmissions!

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Response to bullwinkle428 (Reply #13)

Tue Nov 6, 2012, 12:50 AM

15. Several Mazda models, too

Even the Mazda mini van, the Mazda5, comes with the option of a 6-speed manual transmission. In fact, all but one of the Mazda US models can be had with a manual transmission.

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Response to actslikeacarrot (Reply #8)

Tue Nov 6, 2012, 08:00 AM

17. Most people can't drive a manual

I bought a new car last year for the first time in 11 years and there were several that got eliminated right off the bat because they were only available with autos. Even stranger, some makes only have manuals in their lower trim levels, while others only have them available in higher trim levels.

Edited to add: to get a manual transmission this time, I actually had to special order the vehicle I wanted; they didn't have any manual-transmission cars on the lot because (according to the salesman) the dealership didn't order any on a regular basis because they'd sit on the lot for a long time before they sold.

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Response to Rob H. (Reply #17)

Tue Nov 6, 2012, 09:12 AM

22. Unless you get their super duty diesels, Ford and Chevy don't sell manual trucks anymore.

I couldn't believe it when I went truck shopping a couple years ago. Fortunately, Nissan makes a 6-speed manual. Snapped it up.

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Response to actslikeacarrot (Reply #8)

Tue Nov 6, 2012, 10:00 AM

23. Subaru's all still offer them!

I love my Subaru Legacy I had a 96' that I just traded in for a new one a few months ago. My 96' is still on the road and I actually see it around Rochester now and then (I know b/c I was familiar with all the bumps I put on it!).

They are great cards and also they seem to be quite reliable needing very little maintenance.

And manual!

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Response to actslikeacarrot (Reply #8)

Thu Nov 8, 2012, 06:07 PM

28. Great question.

When you're looking for a vehicle on Autotrader, etc. --- when you put manual trans. in the search, it reduces the results by 90-percent.

I like a manual for driving in snow and pulling a trailer.

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Response to ellisonz (Original post)

Tue Nov 6, 2012, 12:45 AM

14. They didn't really do much marketing

I've never seen a Suzuki ad

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Response to pstokely (Reply #14)

Tue Nov 6, 2012, 02:00 AM

16. I think that the dissolution of the partnership

between Suzuki and GM might be at least partly to blame, as Suzuki is no longer producing small cars for GM. Also, the Suzuki cars that are popular here in Japan are generally too small for the American market. Suzuki, after all, specializes in small motors, which is one reason why they decided to concentrate on motorcycles, ATVs and outboard motors for the American market.

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Response to ellisonz (Original post)

Tue Nov 6, 2012, 08:11 AM

19. A shame to see a company flounder :(

The stop selling cars bit will hurt dealerships. Personally I'm not impressed by the smaller Suzukis after having been hit by one... I was in the Focus, the Suzuki ran a red light. Both cars were a write-off, but the whole front end fell off the Suzuki. Thankfully we came out with no immediately obvious injuries. I hope their other business does well here.

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Response to ellisonz (Original post)

Tue Nov 6, 2012, 10:00 AM

24. There M/C engines & transmissions & durability are the BEST!!

 

Last edited Tue Nov 6, 2012, 06:31 PM - Edit history (1)

I have owned big Suzuki's, Honda's & Yamaha (I learned about Kawasaki after a 3cyl 2 stroke 500 H1) and I would never ever get anything but a Suzuki ever.

The old GS bikes would last 100k-150K miles & I have stuck with them for 30 years.
I have an 82 GS1100E that goes from 140 to 165 mph in a few seconds & is still pulling hard (very not stock).

This summer I was out with a group & despite being geared for fuel economy, the old GS whooped the tar out
of an MV Augusta Butelle 1090(sp??) despite being over 100lbs heavier.

It was like an 82 Camaro beating up a brand new Ferrari....... At the first stop the group was lookin at it like they found a live dinosaur. The bike is older than many of the group.

I am also working on a 95 Suzuki RF900. It runs on 87 octane does over 165, at 50 mph 60 mpg at 80 mph over 40mpg. It is over an hour to safe roads for semi sporty stuff so I usually run at 35-45 mph, 1 tank of gas every 2-3 weeks.

OK back to Stephanie............................

Check out a SmartCar w/ a Suzuki engine (Hayabusa engine that is Suzi M/c engine)

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Response to kooljerk666 (Reply #24)

Thu Nov 8, 2012, 07:07 PM

29. I've seen the smart car video before, that's a cool little car

I think the GS1100E is one of the better looking motorcycles that have been made, very nearly the perfect UJM (which almost doesn't exist as a new product any more), I don't much like a lot of the new ones.

I had a Swift GT with the 1.3 and the near-rally suspension, fun car but you had to put it on with a shoehorn.











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Response to ellisonz (Original post)

Tue Nov 6, 2012, 01:49 PM

25. My friends Sidekick has over 230,000 miles on it, what a car.

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Response to ellisonz (Original post)

Thu Nov 8, 2012, 05:09 PM

26. Kinda sucks. =( n/t

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