2003 Suzuki Xl-7 Touring W/3rd Row No Reserve!!! on 2040-cars

Auto blog

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 testing Grand Vitara replacement that is now forbidden fruit

Suzuki might be dead in the US, but its cars are still thriving in many other markets. Aside from the updated SX4 and a slew of promising concepts at the Tokyo Motor Show, Suzuki is getting ready to launch a much-needed replacement for the aged Grand Vitara, and our spy photographers recently caught the compact SUV testing in Sweden.
Judging by these spy shots, the replacement for the current Grand Vitara - it may or may not retain the Grand Vitara name - will take its styling cues from the Suzuki iV-4 Concept displayed at last year's Frankfurt Motor Show. These cues include the narrow, angular headlights, the sloped D-pillars and we even get a hint of the sculpted rear-wheel arches. We hear that the new Suzuki SUV could go on sale in Europe next year, so we'd expect it to debut later in 2014.

Suzuki Jimny Lite is a blank canvas for off-road enthusiasts

One of the most desirable new vehicles for sale right now is the Suzuki Jimny. The compact 4x4 was developed with a "less is more" philosophy, giving off-roaders everything they need to traverse harsh terrain, but with an affordable price and none of the luxo-fluff that many modern trucks come with. Now, Suzuki has announced an even more bare-bones Jimny Lite that delivers exactly what four-wheelers want in a no-nonsense, affordable package. First and foremost, the Jimny Lite will still offer the same 1.5-liter four-cylinder engine producing 101 horsepower and 96 pound-feet of torque, along with the same low-range four-wheel-drive and ladder frame construction that make the original such a great little off-roading machine. However, while regular Jimnys have a four-speed automatic option, the Jimny Lite will be offered with only one transmission choice, a five-speed manual.  Rather than alloys, the rig — called the "Diet Jimny" in an image filename on Suzuki Australia's website — will come with 15-inch steel wheels, tougher and cheaper than aluminum. Other exterior changes include halogen headlights rather than LED projectors, deleted fog lamps, and the subtle substitute of plastic textured side mirrors instead of the current gloss black units. Cabin wise, the infotainment touchscreen that includes satellite navigation as standard will be replaced with a old-school in-dash radio and CD player. Bluetooth is still included, though, so you can still stream navigation and digital music from your phone. Additionally, the digital climate controls will be chucked for a manually operated system. This sounds like a dream come true for enthusiasts, who tend to enjoy using their own aftermarket wheels, auxiliary lighting, and stereo options. Though pricing hasn't been announced, the Suzuki Jimny Lite will presumably be even more affordable, giving wrenchers a blank canvas to build their own rigs without paying up front for stuff they don't need. It's like when Toyota offered the 86 RC, a steel-wheeled, unpainted-bumper version of the 86 for race car builds. Unfortunately, like the 86 RC, the Jimny's sale area does not include the United States. The Jimny is available in its native Japan, south of our border, in Europe, Australia, as well as several other markets around the world. We don't see it coming stateside anytime soon, but that hasn't stopped us from longing for a Jimny from afar. With the Jimny Lite, our desire grows even stronger.