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Meet the Jeep Wrangler's tiny Japanese doppelganger, the Suzuki Jimny

We're all eagerly anticipating the 2018 Jeep Wrangler, but it's not the only two-door, body-on-frame off-roader coming out in the near future. Suzuki has its own on the way by the name of Jimny (no, that's not a typo). Long ago, we received the Jimny here in the United States as the eminently capable, though tipsy, Samurai. The Samurai was followed here by the more civilized Sidekick/Tracker, which eventually took on its original name of Vitara. But overseas, the rugged, truck-like Samurai survived as the Jimny. This newest version looks to retain much of its predecessors' capability. In addition to the body-on-frame chassis, it features a solid rear axle. Odds are that it will continue to offer a part-time four-wheel-drive system with a low-range, as with the current one. We can't quite tell if it will still have a solid front axle, though. Styling-wise, the new Jimny does seem to have tougher, chunkier looks than the current one, pictured above. The corners have been squared up, and hard creases added to the flanks. The wheel wells are now more square and look to have bigger flares. We're also noticing some retro touches such as the roof that isn't flush with the rest of the body. The taillights mounted in the rear bumper are also reminiscent of the old Samurai. As nifty as the little Jimny is, we can safely say that we won't be getting it here — Suzuki doesn't sell cars here anymore. But even if Suzuki were still operating in the U.S., we probably wouldn't get the Jimny. It would probably be too crude for most buyers, and it could be tricky to get it to pass safety regulations. Its tall, narrow shape also could be rollover prone, and Suzuki wouldn't want to go through another rollover controversy. But hey, in roughly 25 years, you can import one of these if you really want. Related Video: Featured Gallery Suzuki Jimny spy shots View 11 Photos Image Credit: CarPix, Suzuki Spy Photos Suzuki SUV Economy Cars Off-Road Vehicles suzuki jimny

American Suzuki gets $100M in financing to go out of business... buy more cars?

American Suzuki Motor Corporation (ASMC), which declared bankruptcy in early November, has been approved by the courts for up to $100 million in debtor-in-possession financing to enable it to shutter its US car business. ASMC had received a $45 million loan from the Japanese parent company, Suzuki Motor Corporation (SMC), last month in order to make repayment deals with its franchise dealers. At the same time, ASMC was awaiting final court approval of this larger loan.
Out of the newly approved funds, $50 million can be used for operations, and oddly, the other $50 million can be put toward purchases of new inventory from SMC. That's right, even as existing inventory was headed for a smooth exit with the help of incentives, customer demand for orphan Suzuki models is so strong - last month's sales were up 22 percent compared to 2011 - that ASMC plans to purchase 2,500 additional cars from SMC that were built after the bankruptcy announcement. Good news for the owners of those vehicles: the top 50 dealers, representing more than 98 percent of ASMC sales, will become parts and services centers.
The press release below has more information. Unlike its recent tenure here, the end of Suzuki cars in the US looks like it's going rather well.

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.