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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

million between January and November 2022, according to the Society of Indian Automobile Manufacturers (SIAM). Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 New vehicles delivered in India totaled 4.13 million units.

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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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Sanyo Supplying Li-ion Batteries for Suzuki Swift Plug-in Hybrid

Green Car Congress

Sanyo Electric recently announced an agreement with Suzuki Motor to supply lithium-ion battery systems for the Swift Plug-in Hybrid. Suzuki has already announced its intention to start manufacturing the vehicles. The plug-in is powered by a 55 kW, 180 N·m AC synchronous motor and a 2.66 Earlier post.)

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Suzuki plans first electric car to enter into EV market in India

Electric Vehicles India

Suzuki plans first electric car to enter into EV market in India. The Suzuki Motor Corp will enter the electric vehicle market by 2025, its first market will be India according to the Nikkei reports. Read more to know about Suzuki plans first electric car in India by 2025. Suzuki plans first electric car.

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Toyota’s compact SUV gamble with the Taisor | Autocar Professional

Baua Electric

Their current share for FY24 rose to 5.3%, according to the latest figures from the Federation of Automobile Dealers Associations of India (FADA). Toyota’s latest launch, the Urban Cruiser Taisor — a rebadged Maruti Suzuki Fronx — was done bearing these factors in mind. But will the gamble pay off? That’s the key factor.

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SUV rush helps Toyota post highest-ever monthly sales in January at 24,609 unit

Baua Electric

Toyota Kirloskar Motor (TKM) on Thursday announced that the auto company registered its highest-ever monthly wholesales in January 2024 with 24,609 units, including the domestic and export numbers. Besides these cars, Toyota Kirloskar Motor also sells products like the Camry Hybrid, Glanza, Hilux, Vellfire and Rumion in India.

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