Suzuki Death Watch 13: Suzuki Gets $50 Million To Buy More Inventory

Derek Kreindler
by Derek Kreindler

Suzuki’s death rattle continues unabated as the company’s American distribution arm will receive $100 million in financing, half of which is earmarked to purchase inventory from parent company Suzuki Motor Corp.

While the funds are partially meant to help Suzuki wind down its U.S. operations, half of it will go towards buying more cars, as a Suzuki press release explains below

In response to continued consumer demand, dealer interest has remained high in continuing to order and receive shipments of Suzuki automobiles as long as they remain available, ASMC intends to use a portion of the DIP funds to purchase and ship 2,500 additional cars from Japan to the continental U.S., which have been manufactured since ASMC announced its restructuring. Earlier this week, the Company released its November 2012 sales numbers, reporting that it sold more than 2200 units last month, an increase of 22% compared to the same period last year.

If you really must have a Kizashi, you’ve got one last chance to do so.

Derek Kreindler
Derek Kreindler

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4 of 14 comments
  • Corntrollio Corntrollio on Dec 07, 2012

    I feel like I've seen more Suzukis (and Mitsubishi Outlanders for some reason) in the last few weeks/months than I had in the previous several years. Discounting?

  • Joeveto3 Joeveto3 on Dec 07, 2012

    One of the SCCA instructors here runs a Kizashi. I went on a ride with him at a PDX event. That experience gave the car instant street cred with me. I think the Kizashi is nice, I just wish the S on the grill was smaller. I think it looks cheap (and I love mySuzuki V-Strom).

  • Rudiger Rudiger on Dec 07, 2012

    Didn't the last Suzuki Death Watch say there were only six Suzuki dealerships that weren't taking the buyout? Does that mean that only six dealers are going to have to sell all 2,500 of those US-spec cars (415 per dealer)? That's a lot of orphan Suzukis to try and unload per dealer.

  • Land Ark Land Ark on Dec 08, 2012

    Argh! I just bought a GTO a few months ago so adding another payment isn't something I would want to do. But the draw of a cheap Kizashi is so hard to ignore. I test drove one back in late 2008, right when they started hitting dealers. It should have been a sign when the first dealer I went to had them listed on their web site but when I got there the manager on duty said he didn't think they were being delivered to any dealers for another 2 months. A dealer 20 miles away had 4 in stock.