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American Suzuki restructures under Chapter 11; exiting auto market in US

Green Car Congress

American Suzuki Motor Corporation (ASMC), the sole distributor in the continental United States of Suzuki Motor Corporation automobiles, motorcycles, all-terrain vehicles and marine outboard engines, will restructure under chapter 11.

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American Suzuki Motor receives bankruptcy court approval of up to $100M in Debtor-In-Possession (DIP) financing

Green Car Congress

American Suzuki Motor Corporation (ASMC) has received court approval for Debtor-In-Possession (DIP) financing. As a result, the Company will be able to borrow up to $50 million for operations and up to $50 million for purchases of inventory from Suzuki Motor Corporation (SMC). Earlier post.)

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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 from 2021, according to data from the Japan Automobile Dealers Association and the Japan Light Motor Vehicle and Motorcycle Association. million units. million vehicles sold.

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India: Sales of Electric Scooters & Motorcycles: December 2022

Plug In India

For the month of December, 67,676 new electric scooters and motorcycles were registered in India as per data available from the Vahan portal In December about 11,37,824 new two wheelers ware sold, out of which 67,676 are EV's. Tork Kratos R electric motorcycle sold 58 units in October. SUZUKI MOTORCYCLE INDIA PVT LTD Ditto as above.

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Retail sales rise 27% to 2.20 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units. TVS Motor Co, the firm No. million units).

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Retail sales rise 27% to 2.12 million vehicles in April 2024 | Autocar Professional

Baua Electric

The Federation of Automobile Dealers Associations (FADA) today released April 2024 vehicle retail sales numbers for India Auto Inc. Honda Motorcycle & Scooter India did well too – 394,147 units and a handsome 61% growth on year-ago sales of 411,206 units. TVS Motor Co, the firm No. million units).

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Top 10 most awaited electric vehicles in India 2021-22

Electric Vehicles India

It gets power from a 40 kW electric motor and its top speed is 120 kmph. The Range of surge 10k is 450 km and its top speed is 120 km/h, motor capacity is 5 kW. TVS Creon is the most awaited electric scooter from TVS Motors. The range of TVS Creon is 80 km and its top speed is 115 km/h and the motor peak power is 10k Watt.

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