Remove Corporation Remove Dealers Remove Financing Remove Motorcycles
article thumbnail

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.)

Suzuki 218
article thumbnail

The Six People You Meet In the Car Business

The Truth About Cars

Having worked for car dealerships, manufacturers, an auction house, and an auto finance company, I’m convinced there is no other industry that attracts& such a diverse cast of characters. As an & Automotive News & junkie, I loved talking about the car biz with these dealer principals.

Dealers 98
article thumbnail

Electric vehicles trends in India

Electric Vehicles India

According to an independent study by CEEW Centre for Energy Finance (CEEW-CEF), the EV market in India will be a US$206 billion opportunity by 2030 if India maintains steady progress to meet its ambitious 2030 target. The funding raised by the company will be used to scale its operations in electric motorcycle and bus manufacturing in Africa.

India 88