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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 2,800 XL7 models over faulty fuel pump

A recall has been issued for the 2007 Suzuki XL7, but only those vehicles either bought or registered in four states: Texas, Arizona, California and Nevada. Potentially 2,380 of the SUVs manufactured from June 13, 2006 to December 22, 2006 could have an issue with their fuel pump modules: The plastic supply or return port could crack. If that happens, it could lead to a fuel leak and then to a fire.
Suzuki hasn't said when the recall will begin. Once it does, owners will be notified and can have their dealers make the necessary repairs free of charge. There's a bulletin from the National Highway Traffic Safety Administration below with more information.

Funning around with ZF's Smart, Advanced Urban Vehicles

ZF has a lot of experience building various electric vehicle parts, including transmissions, but it doesn't put them all together into one cute little package that often. The ZF Advanced Urban Vehicle changes that, and shows what the company can do when it takes bits and pieces of its admittedly cool tech and throws them all into the shell of an old Suzuki Swift. We got to control the all-electric beast at an event in Germany this summer, using nothing but a connected iPad. There were three headline technologies on the AUV (also called the Smart Urban Vehicle): the remote control Smart Parking Assist function, the all-electric rear-axle drive electric Twist Beam (eTB), and the PreVision Cloud Assist. PreVision Cloud Assist ZF had a short track set up for us to try out the PreVision Cloud Assist. The first time around the track, nothing was different. It's not supposed to be. The trick with Cloud Assist is that the car saves real-world driver interactions into its memory and, with the addition of GPS coordinates, starts to learn how to drive the route. Go to work the same way every day? If you're being assisted by a cloud, then all you have to do is steer. The car learns how fast it can take a turn and when it needs to slow down, with the idea here is to let the car move when it can, increasing the efficiency and range of an EV. You're still in charge in case of traffic ahead, but in open road circumstances, you won't need to touch the brakes or the gas. Just the steering wheel. On my second time around the demo track (which had data from other drivers who had tested the car earlier in the day), I kept my feet off the pedals, and the darn thing worked. It slowed me down when necessary to make a curve, but kept me at a brisk pace that felt a bit too fast but was in fact totally appropriate. Electric Twist Beam There's another bit of cool tech hidden near the front wheels. The car uses a MacPherson strut that was modified to offer a wider steering angle, up to 75 degrees, to be exact. ZF calls this the electric Twist Beam (eTB), and it gives the car an incredibly tight turning radius, about 6.5 meters. An axle like this could go into an EV or an ICE vehicle, but it makes a lot of sense in an electric car since it does have a major problem: it can't be powered. No worries, thought ZF engineers, who made the little SUV rear-wheel-drive by adding two electric motors.