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Suzuki demand in US rises after bankruptcy

Following word that Suzuki is ceasing car sales in America, it appears that demand for the Japanese automaker's wares have increased. According to The Detroit News, American Suzuki Motor Corp. will import an additional 2,500 vehicles to quench demand that has jumped since the company announced that it was filing for bankruptcy and ending sales in America.
Dealers recently informed their sales personnel that no more vehicles would be produced and that this was the final push. With heavy incentives and a seven-year warranty as value-adds, November sales for Suzuki rose in November some 22 percent, up to 2,224 vehicles. December sales also rose, but neither month's gains outweigh the long-term losses for the automaker. While Suzuki will sell roughly 22,000 cars this year in the US, it was selling about 120,000 annually before 2008.
As it stands, Suzuki will sell off the rest of its vehicle inventory, including the 2,500 additional units, and dealers will continue to provide parts an warranty work. With all of this negative news for the automaker, it's impressive to see an interest in Suzuki vehicles even with the imminent shuttering of its North American car sales.

Suzuki has to take out $45M loan just to shutter US dealers

Bloomberg reports American Suzuki is set to borrow up to $45 million to to close its automotive dealerships and freshen up its it motorcycle and marine business. Suzuki Motor Corporation will loan American Suzuki the funds at three percent below the London Interbank offered rate in order to offer dealer owners a cash payment in exchange for voluntarily abandoning franchise agreements. The company's 216 dealers have 10 days to make a decision on the matter. Under the plan, Suzuki would give dealer owners half of what they're owed in one lump sum, and the dealers would then be able to pursue the remaining debt through the company's bankruptcy procedure.
U.S. Bankruptcy Judge Scott C. Clarkson granted American Suzuki interim authority to borrow the funds, but Bloomberg reports the company will likely return to court in a few weeks to seek up to $100 million. According to Richard Pachulski, a lawyer for Suzuki America, the automaker may owe its dealers somewhere around $50 million.

Suzuki recalling 23k GSX-R750 and GSX-R1000 bikes to replace chain adjuster

Suzuki is known for having a pair of very capable sportbikes in its GSX-R750 and GSXR-1000, but now the Japanese company is recalling 23,073 of them in the US to replace the chain adjuster. Specifically, the campaign affects 2011-2014 model year versions of the 750 and the 2009-2014 1000.
According to documents from The National Highway Traffic Safety Administration, the problem can occur if riders miss a gear while upshifting. It's possible that the following shift might put enough added strain on the drivetrain to move the rear axle. This can damage the left-side chain adjuster. If there's too much harm done to the part, then the chain could potentially slip off the bike, leaving the powerless bike more vulnerable to a crash.
To fix the problem, Suzuki dealers will "replace the left-side adjuster with an improved part" that will be heat-treated to be stronger. Scroll down to read the full recall report.