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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. The company plans to wind down and discontinue new automobile sales in the continental US.

Suzuki 225
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Nikkei: India passes Japan to become world’s No. 3 auto market in 2022

Green Car Congress

India’s sales of new vehicles totaled at least 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 Adding December’s sales volume reported Sunday by Maruti Suzuki, India’s largest carmaker, brings the total to roughly 4.25 million units.

India 218
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India: Sales of Electric Scooters & Motorcycles: December 2022

Plug In India

By Kamlesh & Karthikeyan Palanisamy Electric Two Wheeler Sales increased by 103 % in December 2022. 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.

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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.)

Suzuki 218
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Analysis: What’s the Best Way to Market EVs?

Clean Fleet Report

Harley-Davidson, the legendary and revered American manufacturer of motorcycles, announced that it is establishing LiveWire as a separate electric motorcycle brand on July 8,2021, just in time for the first of nine outdoor International Motorcycle Shows. I’ve always wondered how Harley would market its silent motorcycles.

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India: Sales of Electric Scooters & Motorcycles: April 2023

Plug In India

By Kamlesh & Karthikeyan Palanisamy Electric Two Wheeler Sales increased by 25 % in April 2023. ​ % of the overall two wheeler sales in March nation wide. ​ % of the overall two wheeler sales in April nation wide. Bajaj Auto are not doing well in terms of sales. The EV 2-wheelers accounted for 5.5​

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India: Sales of Electric Scooters & Motorcycles: March 2023

Plug In India

By Kamlesh & Karthikeyan Palanisamy Electric Two Wheeler Sales increased by 58 % in March 2023. ​​ The EV 2-wheelers accounted for 6.74​ % of the overall two wheeler sales in March nation wide. The EV 2-wheelers accounted for 6.74​ % of the overall two wheeler sales in March nation wide.