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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 Jimny displays Samurai spirit in Japanese snowstorm

Say what you will about its smallest SUVs, but you have to hand it to Suzuki: the likes of the Samurai, Sidekick and Vitara were doing the little-sport-ute-that-could thing long before most of the rest of the industry caught on. And the formula remains relevant enough that Suzuki is still selling the same basic Samurai overseas as the Jimny.
That could be why the Samurai still has something of a cult following. Well, that and the name - which, as it turns out, may not have been such a stretch after all. A Samurai warrior, after all, was just one man - but like any other knight, he was worth more than his headcount on the battlefield. Or in this case, a Japanese snowstorm. Just watch the half-minute video below to see what we mean.

Suzuki considering Cappuccino revival?

It's not a secret that a few of us here at Autoblog have a crush on Japanese Kei cars. The diminutive sizes and cheeky looks of most of the segment are certainly endearing factors, but it was the sporting Kei cars of the 1990s that made for the most delicious forbidden fruit.
Suzuki's entry in that time and market space was the Cappuccino, a rear-wheel-drive coupe with a removable roof and roll bar, powered by a 657cc three-cylinder motor. The car hung around the Japanese market until 1997 (and was booted up in Gran Turismo form for years after that). Now, rumor has it that the little coupe could be getting a reboot around 2016.
The reports are still a bit short on detail; some indicate that a new Cappuccino could be built up on an existing Kei platform from Suzuki. If the new car were to keep the RWD layout of the original, however, that would mean building up the model on the live-rear-axle bones of the Suzuki Jimny or Carry.