American Suzuki Files Bankruptcy Reorg...

Discussion in 'Racing' started by Pantah, Nov 6, 2012.

  1. Pantah

    Pantah PJ Fan from Boston

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    Thorough article in John's world.
    http://www.roadracingworld.com/news/article/?article=50221

    Cliff notes say the car biz is sinking them. They'll stop paying their debtholders while refocussing on motorcycle and marine distribution, where apparently they are competitive. Suzuki Motor is not a part of the bankruptcy filing for some reason. I thought American Suzuki was a wholly owned subsidiary. It's probably explained in the article, but I rarely read anything longer than a paragraph. :lol3
    #1
  2. Kropotkin

    Kropotkin Big Girl's Blouse

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    #2
  3. K0m4

    K0m4 Long timer

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    D'oh.. 200 ppl out of work.. in a 250k city. Not exactly what Spain (or those 200 people) needs at the moment..
    #3
  4. Unstable Rider

    Unstable Rider Moto Fartografist

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    Sorry to hear of this one. :puke1
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