1998 Ford Mustang Coupe on 2040-cars
Sanford, Maine, United States
Don't miss this 28500 original miles, black with gray interior, new tires with alignment, stored, ac, cd, full power, cruise, rear spoiler. Like new without NEW pricing. Have clear title in hand.
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Suzuki XL7 for Sale
- 2000 ford mustang base coupe 2-door 3.8l(US $4,500.00)
- 2009 ford mustang red(US $16,799.00)
- 1985 ford mustang svo comp prep rare survivor original paint fox body 2.3 turbo
- 1980 volkswagen scirocco vr6(US $5,500.00)
- 1994 ford mustang svt cobra coupe 2-door 5.0l
- 2010 gt premium kona blue 33k adult driven miles 4.6 l, 5 speed manual
Auto Services in Maine
Weller Truck Parts Inc ★★★★★
Victory Lane Quick Oil Change ★★★★★
Romulus Auto Supply II ★★★★★
Portland Glass Co ★★★★★
Jack Ray`s Auto Mart ★★★★★
Henson`s Auto Repair ★★★★★
Auto blog
Incentives aid smooth Suzuki wind down
Tue, 04 Dec 2012American Suzuki is continuing to offer buyers substantial incentives even as the company winds down operations. Those looking to nab a new Suzuki vehicle will find rebates of between $500 and $2,000 and zero-percent financing for up to 72 months as dealers look to liquidate inventory following the automaker's filing for Chapter 11 bankruptcy protection last month. The strategy is working so far. Last month saw Suzuki sell a total of 2,224 vehicles, up 22 percent compared to the same time period in 2011. The Japanese manufacturer says it will continue the incentives through December.
Suzuki had around 5,000 units in dealer inventory in the US when it went into bankruptcy protection, with an additional 1,500-1,700 vehicles headed to dealers at that time. The company says it will continue to honor warranties moving forward using its current dealer network. Most of the dealerships will become Suzuki service and parts stores after American Suzuki shutters car sales in the US.
Suzuki has to take out $45M loan just to shutter US dealers
Thu, 08 Nov 2012Bloomberg 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.
Court approves Suzuki bankruptcy plan
Fri, 05 Apr 2013Suzuki 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.