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US distribution arm is going bankrupt
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Posted by Gene N [Email] (#1094) [Profile/Gallery] (more from Gene N) on Tue, 6 Nov 2012 05:31:30 Share Post by Email
In Reply to: Suzuki US going bankrupt, No Snaab, Tue, 6 Nov 2012 04:41:09
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Most companies just close up shop and withdraw from the market. I'm thinking of Fiat in the 80's and Peugeot in the 90's. Was Suzuki-US not a wholey-owned subsidary of Suzuki-Japan? Sure, they save a few bucks by stiffing their US creditors, but I believe it is the parent company that is on the hook for maintenance and waranty, not the US company. Now they have to set up a new distribution system and buy their own parts back from their creditors.

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