Thread: American Suzuki to file for bankruptcy protection


"American Suzuki Motor says it decided to exit the car business because of slow sales, unfavorable foreign exchange rates and high costs due to U.S. regulatory requirements."

[link to news.yahoo.com]

American Suzuki files for bankruptcy protection

"BREA, Calif. (AP) — American Suzuki Motor Corp. on Monday filed for Chapter 11 bankruptcy protection and said it will cease selling automobiles in the U.S. as part of a plan to restructure its business."

^THIS is why you do not buy off-brand, one-off model cars. How quickly people forget past fuckups like Daewoo and Yugo...