Big news about Suzuki.. - Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
Go Back   Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums > Popular Forums > General V-Strom Discussion


General V-Strom Discussion Talk about all things V-Strom not limited to just one of the above models

Reply
 
LinkBack Thread Tools Display Modes
  #1  
Old 11-06-2012, 09:30 AM
Stromthusiast!
 
Join Date: Jan 2010
Location: Winnipeg
Posts: 593
Default Big news about Suzuki..

Big news in motorsports industry: American Suzuki Motor Corp. is filing for Chapter 11 protection in bankruptcy court, reportedly to do with their withdrawal from the auto business. Press release says they will now focus on motorcycles, ATV's and the outboard marine business. Not sure why they had to file bankruptcy to do that, so we'll see in the months ahead what's going on and how it will effect all aspects of their business.


Don Emde posted this on facebook....
__________________
1953 Vincent Rapide
2009 Vstrom


Why Motorcycles? Because Golf, Soccer, Football and Baseball only require One Ball
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
  #2  
Old 11-06-2012, 10:33 AM
$tromtrooper
 
Join Date: Jun 2011
Location: Albuquerque, NM
Posts: 348
Default

OOPS....I now see a more developed thread on same subject.
__________________

Last edited by Rick505; 11-06-2012 at 10:37 AM.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote Quick reply to this message
  #3  
Old 11-06-2012, 02:59 PM
Stromthusiast!
 
Join Date: Aug 2009
Location: Washington, the state
Posts: 5,967
Default

Bankruptcy is a way to abrogate contracts. Otherwise, they'd have to buy out all the contracts they have with dealerships, warehouses, transporters, etc.

Chapter 11 bankruptcy is a way for a company to reorganize their business and their contracts and debt to remain an ongoing business. Chapter 7 is liquidation.
__________________
Job interviewer: Tell me your greatest strength.
Me: Honesty
Interviewer: What's your greatest weakness?
Me: Honesty
Interviewer: I think honesty is a great strength
Me: I don't give a ---- what you think.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiTweet this Post!
Reply With Quote Quick reply to this message
Sponsored Links
Advertisement
 
Reply

Quick Reply
Message:
Options

Register Now

In order to be able to post messages on the Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.
Password:
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:

Log-in

Human Verification

In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.



Thread Tools
Display Modes

Posting Rules
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On



All times are GMT -4. The time now is 09:25 PM.


Powered by vBulletin® Version 3.8.1
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.5.2