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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.

DAMD Little D kit makes the Suzuki Jimny look like a little Land Rover

When the new generation of the Suzuki Jimny debuted, it drew plenty of comparisons. Mercedes-Benz G-Class, Jeep Wrangler, Toyota Land Cruiser, etc. Pick an old-school-styled boxy off-roader, and it would probably work. But one Japanese Tuner is taking the lookalike comparisons to the next level, focusing on one of the most iconic off-roaders of all time: the Land Rover Defender. DAMD Inc., the tuner that also created a body kit to make the Toyota 86 sports car look like the Lexus LFA supercar, is developing a styling kit that makes the Jimny go full Defender. We can't lie, as much as we love the regular Jimny, this looks pretty damn cool, as well. While the public waits for Jaguar Land Rover to launch the next-generation Defender, this imposter will have to do (for people outside the U.S.—the Jimny is still not available here). The nose alterations make the resemblance impossible to ignore. It adds another headlight dimple for the signature trio and has "LITTLE D" lettering above the grille, which ditches the Wrangler-like vertical slats for horizontal bars. It also adds a beefier front bumper with a more prominent skid plate. The mudflaps, knobby tires and off-roady wheels, bare spare tire, and the angled rear bumper complete the look. The rest of the similarities are already part of the Jimny. The boxy body, the wheel flares, and the roof cap are part of the standard model. Beyond the images, there is not much information on the kit. There's no price, but DAMD notes it is scheduled to release in 2019. That gives us just enough time to move out of the country and order a Jimny. Related Video:

American Suzuki Motors files chapter 11, will no longer sell cars in the United States

As much as we knew it was a possibility, we have to say that Suzuki's announcement this afternoon that it is filing chapter 11 bankruptcy proceedings caught us a bit off guard. American Suzuki Motor Corporation - the sole distributor of Suzuki automobiles in the United States - will realign its business to focus on motorcycles, ATVs and the marine market.
What does this mean in simple terms? In short, new Suzuki cars and trucks will no longer be sold by Suzuki in the United States once current supplies run out. Period.
Suzuki cites "low sales volumes, a limited number of models in its lineup, unfavorable foreign exchange rates, the high costs associated with growing and maintaining an automotive distribution system in the continental US and the disproportionally high and increasing costs associated with stringent state and federal regulatory requirements unique to the US market."