Big news about Suzuki.. - Stromtrooper Forum : Suzuki V-Strom Motorcycle Forums
General V-Strom Discussion Talk about all things V-Strom not limited to just one of the above models

LinkBack Thread Tools Display Modes
post #1 of 3 Old 11-06-2012, 09:30 AM Thread Starter
Rockin' Moderator
Join Date: Jan 2010
Location: Manitoba
Posts: 883
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....

Why Motorcycles? Because Golf, Soccer, Football and Baseball only require One Ball
CollingsBob is offline  
Sponsored Links
post #2 of 3 Old 11-06-2012, 10:33 AM
Join Date: Jun 2011
Location: Albuquerque, NM
Posts: 403
OOPS....I now see a more developed thread on same subject.

Last edited by Rick505; 11-06-2012 at 10:37 AM.
Rick505 is online now  
post #3 of 3 Old 11-06-2012, 02:59 PM
PTRider's Avatar
Join Date: Aug 2009
Location: Washington, the state
Posts: 6,901
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.

Americans' Four Freedoms:

Freedom of speech
Freedom of worship
Freedom from want
Freedom from fear

Franklin Delano Roosevelt
January 6, 1941
PTRider is offline  
Sponsored Links

Quick Reply

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:
Please enter a password for your user account. Note that passwords are case-sensitive.


Confirm Password:
Email Address
Please enter a valid email address for yourself.

Email Address:


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
Show Printable Version Show Printable Version
Email this Page Email this Page
Display Modes
Linear Mode Linear Mode

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

For the best viewing experience please update your browser to Google Chrome