It is no secret that Suzuki Motor has hit some rough road the last few years with its car division. Now come news that the little car-maker-that-could is shutting the doors on its automotive dealerships. The company has filed for a Chapter 11 Bankruptcy is going to be restructuring to focus on motorcycles, ATVs and the marine markets.
What this means for the car dealers is that as soon as stock runs out, Suzuki will no longer sell automobiles in the USA. There will be no year end stock push, or last minute rush to make more models, what is produced will be sold, and then its game over.
Suzuki claims the move is being made because of “low sales volumes, a limited number of models in its lineup, unfavorable foreign exchange rates, the high costs associated with growing and maintaining an automotive distribution system in the continental US and the disproportionally high and increasing costs associated with stringent state and federal regulatory requirements unique to the US market.” Basically they aren’t selling enough cars, and the ever-increasing list of rules and regulations are making it even more expensive to produce those cars.
If you own or plan on owning any other Suzuki products, like the GSX series of bikes, fear not as none of those will be affected. Suzuki also says that current owners will keep all their warranties and parts will be available for repairs.
