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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.

Next Suzuki SX4 spotted again

Thanks to a sketch of the Suzuki S-Cross concept, we can already see the styling direction that the next-generation SX4 will take, and Suzuki is still hard at work on the production version of the car as evidenced by this latest batch of spy shots. These photos look almost identical to those captured back in July, but we see a little more detail at the rear of the car and get a better idea of the next SX4's proportions.
With the baggy camouflage lifted up at the rear of this prototype, we can see that the SX4 replacement has a very Mazda-chic look to it with downward-angled taillights that stretch into the liftgate. Aside from this, the big news is that we're finally getting a sense of the new SX4's size. Suzuki's press release attached to the Paris-bound S-Cross sketch said that the SX4 replacement would be growing to the compact segment rather than being a subcompact like the current car. Recent reports indicate that the next version of this car will be sized closer to the Grand Vitara, and in these pictures, you can definitely see how much the car has grown.
Still unknown is when we can expect to see the production version of the new SX4, or what will be inside it (available turbo power?), but hopefully Suzuki will not delay things like it did with the Kizashi and its numerous concepts.

Suzuki Jimny four-door caught in new spy photos

Modern car buyers really seem to have moved on from two-door vehicles. First coupes of all kinds disappeared, and now traditionally two-door SUVs have sprouted extra pairs of doors (see Wrangler and Bronco). The latest to join the trend is the tiny Suzuki Jimny, which has been spotted in Europe with four doors. This more practical Jimny also has grown in length to accommodate its extra doors. Interestingly, the front pair appear to be the same size as those on the two-door model. The rear doors are a fair bit smaller. Still, access to the back should be easier than on the shorter model, and both leg and cargo room should be substantially improved. It also retains the very short overhangs, which is good for approach and departure angles, but the longer wheelbase will mean it can be high-centered more easily than its shorter counterpart. Jimnys in the past have been available with a small amount of body variety. For a long time, it was available as a convertible, and some long wheelbase variants were produced. Aftermarket companies have also made their own changes to the SUV's shape. But four full doors from the factory seems to be a new step for the Jimny. Also, the fact that it's testing in Europe with left-hand drive suggests it will be a model offered in global markets, and not just in Japan. Sadly, it will still not come to the U.S. Related Video: This content is hosted by a third party. To view it, please update your privacy preferences. Manage Settings.