Suzuki Manufacturer Withdraws From The US Market

Suzukis future is no longer active on the U.S. market. High losses, the company brought on this decision. (Suzuki)

Suzuki ended his involvement in the U.S.. The manufacturer also provides for its U.S. division of a bankruptcy petition. One reason for the retreat are current liabilities of EUR 240 million.

The Japanese small car specialist Suzuki withdraws from the U.S. car market. At the same time, the company announced on Tuesday in Tokyo, set for its U.S. division filed for bankruptcy. The future would focus on the sales of motorcycles, all-terrain vehicles and outboard marine engines, said the American Suzuki Motor Corp.. To 30 September in the U.S. financial liabilities totaling 346 million U.S. dollars are accumulated (240 million euros).

"After a thorough review of our current situation and future opportunities in the U.S. automotive market, we have made ​​the difficult but necessary decision back burner, and the sale of new vehicles in the continental U.S. (excluding Hawaii and Alaska) set", it said in a statement the carmaker .