Only 6 dealers haven’t taken a buyout offer from Suzuki – of the 219 Suzuki dealers in America, 213 took the offer from American Suzuki, including the top 50 dealers by volume.
Automotive News reports that dealers can expect 50 person of the money within 10 days of agreeing to the settlement, and the rest will come following the bankruptcy proceedings. Dealers will now be service and parts outlets. In some cases, dealers are attempting to clear out their inventory of over 5,000 cars by offering 72 month interest free loans among other incentives. Suzuki sales were up 22 percent year-over-year by AN‘s count, no doubt spurred on by the incentives.