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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.

Japanese tuner adds 1980s rally flair to the Suzuki Jimny

Since its launch in 2018, the fourth-generation Suzuki Jimny has been modified by a long list of tuners from all over the world. We've seen it turned into a mini Ford Bronco, a Mercedes-Benz G-Class lookalike, a clone of the original Land Rover Defender, and a small pickup truck. The latest Jimny-based builds explore a completely different avenue by giving the off-roader a look inspired by rally cars from the 1980s. Designed by Japanese tuner DAMD for the 2024 Tokyo Auto Salon, the builds are called Little 5 and Little Delta, respectively. The name says it all: the Little 5 is a tribute to Renault's 5 Turbo and 5 Turbo 2 and the Little Delta draws inspiration from the Lancia Delta Integrale. While both models were hatchbacks, the retro look works surprisingly well thanks in part to the Jimny's small footprint and boxy proportions. Both builds receive the same basic body kit, which includes a deeper front bumper that looks much closer to the 5's than to the Delta's and flared wheel arches, and they ride on OZ Racing wheels. DAMD fitted the Little 5 with a redesigned front end that brings rectangular lights and Renault's diamond-shaped logo, "NON-TURBO" decals on the doors for a touch of humor, and a roof-mounted spoiler. Blue paint adds a finishing touch to the look. Painted red, the Little Delta gets a specific grille with four round lights and bright trim as well as a specific spoiler. DAMD hasn't released interior photos. It looks like the Little 5 uses standard Jimny seats while the Little Delta receives front sport seats. Technical specifications haven't been released, either, but we have a decent idea of what's under the hood. Suzuki offers the Jimny with two engines: a turbocharged, 658-cubic-centimeter three-cylinder fitted to base models in Japan and a naturally-aspirated, 1.5-liter four-cylinder offered in the rest of the world. The decals on the Little 5's doors suggest power comes from the latter, which develops 102 horsepower. We don't know what's next for either concept, but we wouldn't be surprised to see both body kits join DAMD's catalog in the coming months.  Related Video Featured Gallery DAMD Suzuki Jimny Little 5 and Little Delta Aftermarket Design/Style Suzuki SUV Off-Road Vehicles

2019 Suzuki Jimny images leaked — first new generation in 20 years

The new-generation Suzuki Jimny is ready for a reveal. Photos of a production version shown at a preview event leaked online via Instagram, and they show a front shot and a front three-quarter shot of the completely redesigned small SUV. The lines and side sheetmetal pressings of the no-nonsense, go-anywhere Jimny are a clear nod to classic '70s and '80s models. The Australian website CarAdvice notes that the lime green Jimny seen here is clearly a home market version without any wheel arch extensions, as the vehicle needs to be as narrow as possible to comply with Japanese width regulations — it is alsos likely that the Jimny here is powered with a 660cc engine from the tiny kei car class. Outside of Japan, the hips might be wider, and a recent spy shot depicting finished vehicles at the factory shows slightly wider wheel arches. Every millimeter counts, it seems — just when you want to avoid scraping a rock on an off-road trail. This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings. Export market Jimnys should have a one-liter turbo or a naturally aspirated 1.2-liter unit. Inside, the Jimny will feature a hard-wearing interior with a chunky dashboard, a render of which was also leaked online a short while ago. Everything about that dash appears to be designed with functionality as the top requirement, with just a large central touchscreen serving as a reminder that we're getting closer to 2020, not 1980. The 2019 model year Jimny is expected to hit Suzuki-selling markets by late 2018. Jimny updates are few and far between, as the current generation was first introduced a solid 20 years ago. Related Video: Image Credit: Suzukinfluencer/Instagram Spy Photos Suzuki SUV suzuki jimny