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Court approves Suzuki bankruptcy plan

Suzuki has won approval for its Chapter 11 plan to stop selling cars in the US and concentrate instead on the company's powersports products. Judge Scott C. Clarkson of the US Bankruptcy Court for the Central District of California approved the plan after the company's creditors agreed to the conditions.
Suzuki will now sell its motorcycle, ATV and marine divisions to the newly minted Suzuki Motor of America subsidiary under the Suzuki name. The new company will be wholly owned by Suzuki Motor Company. This is the final piece of the company's restructuring puzzle.
The company says it will now be able to grow its powersports businesses here in the US and also provide auto parts and service to current Suzuki owners through what's left of the company's dealer network. You can check out the brief press release on the bankruptcy plan below.

Junkyard Gem: 1990 Suzuki Sidekick Convertible

When General Motors decided to create the Geo brand in 1989, for vehicles designed and/or built by Isuzu, Toyota, and Suzuki (strangely, the Daewoo-built LeMans kept its Pontiac badges even as the Corolla-based Chevy Nova became the Geo Prizm), the only Geo truck was the Tracker. The Tracker (later a Chevrolet) was really a Suzuki Escudo aka Vitara, and Suzuki decided to sell these trucks in North America with Sidekick badges. Here's one of those early Sidekicks, photographed in a Denver self-service yard with period-correct aftermarket wheels. The first-generation Tracker and Sidekick were sold here for the 1989 through 1998 model years, after which the Tracker name lived on for a few more years on the second-generation truck and Suzuki ditched the Sidekick name in favor of Vitara and Grand Vitara. Suzuki kept selling Grand Vitaras here until the very end (which came in 2013). This is the first Sidekick I've documented in the Junkyard Gems series, because they never sold as well as their Tracker siblings and have become quite rare. Power came from this 1.6-liter G16 engine, a bored-and-stroked version of the engines used in such machines as the Suzuki Samurai and (four-cylinder) Geo Metro. Carburetors were nearly extinct on new vehicles in the United States by 1990, but you could still buy a few throwbacks that didn't have EFI. Might as well brag a bit with a badge like this one! You could get the '90 Sidekick with a five-speed manual or a three-speed automatic, with your choice of rear-wheel drive or four-wheel drive. This one has the five-speed and 4WD. American Sidekick shoppers had their choice of a two-door hardtop or convertible version; this one is the convertible. It's equipped with exquisitely 1990s spoked wheels, complete with the stretched narrow-tire treatment. The brightly-painted interior trim pieces suggest more of a mid-2000s influence. Just over 150,000 total miles on the odometer. Leaf springs? No, the Sidekick got modern coils. In the Sidekick's homeland, the TV commercials went for a North African look. Related video:

Toyota will roll out solid-state battery EVs globally in a couple of years

GANDHINAGAR, India — Japan's Toyota Motor will in a couple of years globally launch vehicles with solid-state batteries that charge faster and last longer, an executive said on Thursday at an investment summit in India. Solid-state batteries promise to dramatically improve the driving range of electric vehicles (EVs), a key element of a strategic pivot Toyota unveiled in June to make up ground lost to Tesla and Chinese rivals, such as BYD, in the EV race. Last year, Toyota and oil refiner Idemitsu Kosan said they would tie up to develop and mass produce all-solid-state batteries, which they aim to commercialize in 2027 and 2028, followed by full-scale mass production. "We will be rolling out our electric vehicles with solid state batteries in a couple of years from now," said Vikram Gulati, the India head of Toyota Kirloskar Motor. It "will be a vehicle which will be charging in 10 minutes, giving a range of 1,200 kms (750 miles) and life expectancy will be very good". Gulati was speaking at the Vibrant Gujarat Global Summit where one focus of the Indian government is attracting more investments to scale up EV manufacturing capacity in the world's third largest auto market. At the start of the summit on Wednesday, Japan's Suzuki Motor said its Indian subsidiary and Toyota partner Maruti Suzuki would export the group's first battery EV to Japan and Europe — marking the first time for Maruti to export to its parent company's home country. Electric models made up around 2% of India's car sales last year, but the government is targeting 30% by 2030 and India's road transport minister said at the summit he sees annual EV sales in India reaching 10 million vehicles by 2030. On Toyota's plans for solid-state batteries in India, Gulati said the carmaker had various sustainable technology options that would differ based on the country, market and customer preferences. "Right now, for India, flex fuel and ethanol can be a no-brainer right away," he added India's trade department has backed lowering taxes on hybrid vehicles to help the transition to cleaner energy sources, following demands by Japanese carmakers, Reuters has reported. Gulati said the Indian government should consider a carbon-based tax structure for cars, which would make it technologically agnostic and more equitable.  Green Lexus Suzuki Toyota Electric