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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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Suzuki Motor will introduce six EVs in India by 2030

Electric Vehicles India

lakh crore by the end of the decade, targeting 50 percent carbon-neutral technologies Suzuki Motor Corporation has pledged to invest JPY 4.5 To capitalize on the growing electrification sector, Suzuki plans to have a portfolio of six models in the country by 2030. The Japanese auto major will invest Rs 2.82 trillion (Rs 2.82

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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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At Auto Expo 2023, Maruti unveiled its first electric SUV

Electric Vehicles India

The much-awaited Auto Expo 2023 kicked off today, with India’s largest and longest-running carmaker Maruti Suzuki flagging off the event. At first glance, it is an all-new car with a radical coupe-like SUV design that Maruti Suzuki has never shown before. And announced that sales will begin primarily in 2025.

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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? lakh units from the present 3.45

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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. Suzuki Motorcycles India, with 77,898 units, recorded 26% growth while Royal Enfield sold 72,056 motorcycles to achieve 16% growth. India Auto Inc has had a good start to the new fiscal year 2025.

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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. Suzuki Motorcycles India, with 77,898 units, recorded 26% growth while Royal Enfield sold 72,056 motorcycles to achieve 16% growth. India Auto Inc has had a good start to the new fiscal year 2025.

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