1988 Suzuki Samurai Ja Sport Utility 2-door 1.3l No Reserve on 2040-cars

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American Suzuki gets $100M in financing to go out of business... buy more cars?

American Suzuki Motor Corporation (ASMC), which declared bankruptcy in early November, has been approved by the courts for up to $100 million in debtor-in-possession financing to enable it to shutter its US car business. ASMC had received a $45 million loan from the Japanese parent company, Suzuki Motor Corporation (SMC), last month in order to make repayment deals with its franchise dealers. At the same time, ASMC was awaiting final court approval of this larger loan.
Out of the newly approved funds, $50 million can be used for operations, and oddly, the other $50 million can be put toward purchases of new inventory from SMC. That's right, even as existing inventory was headed for a smooth exit with the help of incentives, customer demand for orphan Suzuki models is so strong - last month's sales were up 22 percent compared to 2011 - that ASMC plans to purchase 2,500 additional cars from SMC that were built after the bankruptcy announcement. Good news for the owners of those vehicles: the top 50 dealers, representing more than 98 percent of ASMC sales, will become parts and services centers.
The press release below has more information. Unlike its recent tenure here, the end of Suzuki cars in the US looks like it's going rather well.

American Suzuki Motors files chapter 11, will no longer sell cars in the United States

As much as we knew it was a possibility, we have to say that Suzuki's announcement this afternoon that it is filing chapter 11 bankruptcy proceedings caught us a bit off guard. American Suzuki Motor Corporation - the sole distributor of Suzuki automobiles in the United States - will realign its business to focus on motorcycles, ATVs and the marine market.
What does this mean in simple terms? In short, new Suzuki cars and trucks will no longer be sold by Suzuki in the United States once current supplies run out. Period.
Suzuki cites "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."

This is the facelifted Suzuki SX4 that we won't get

The car you see above is, according to China Car Times, the facelifted Suzuki SX4 crossover. We've always had a soft spot for the SX4, so the fact that it's finally getting a significant update makes us a wee bit sad - after all, Suzuki just announced late last year that it's leaving the US market, so we'll never get this upgraded little 'ute on our shores.
Changes we can see include aggressively resculpted lighting units, interesting mold lines on the front bumper cap, redesigned air intakes and unique trim fillets on the doors.
At least we can take solace in the fact that there apparently aren't any significant alterations under the new bodywork, so our crop of used SX4s should be just as capable out on the road. In China, Suzuki's 1.6- and 1.8-liter four-cylinder engines are expected to carry over to the new year, along with the current model's CVT and manual drivelines.