December 2012 - American Suzuki Motor Corporation

[William Maley]

AMERICAN SUZUKI MOTOR CORPORATION ANNOUNCES DECEMBER 2012 AUTOMOBILE SALES OF 1,946 UNITS

Year-over-year decline of 620 units driven by decrease in total inventory as company’s remaining U.S. automobiles are allocated to auto dealers

BREA, Calif., Jan. 3, 2013 – American Suzuki Motor Corporation (ASMC) reported today December 2012 automobile sales of 1,946 units, a 620 unit decline compared to the same period last year. The results were attributed to a decrease in available inventory as the company allocates its remaining automobiles in the U.S. to retail auto dealerships.

“Now is a great time to purchase a Suzuki: 98% of Suzuki auto dealers have confirmed they will remain parts and continued service locations, and many are offering attractive financing options and incentives,” said M. Freddie Reiss, Chief Restructuring Officer for American Suzuki Motor Corporation.

A final shipment of 2,500 vehicles is being shipped from Japan this month and will be distributed to auto dealers around the country.

Full-year 2012 auto sales declined 5% compared with 2011, with total vehicle sales of 25,358 units.

[A Horse With No Name]

Next year sales...zero....

[Drew Dowdell]

Not a bad finish for a company that spent the last 3 months of the year in bankruptcy.

[A Horse With No Name]

Kisashi was a decent product....

[regfootball]

none of the good product is left. stuff that is left to sell is like the SX4 base sedans, 2 wheel drive Equators, odd color Kizashis, etc.

"98% will continue to be parts and service operations" I'm sorry but something smells. I still think this is more of a hiatus than a permanent departure. Get rid of financing problems.

Edited January 5, 2013 by regfootball

[Drew Dowdell]

98% also had other franchises to fall back on.. as for extra facilities. "Welcome to our brand new expanded pre-owned vehicle super store!*"

*Located in our former Suzuki showroom.

[regfootball]

most dealerships make their living off news but justify themselves as relevant by their new car lines. the new cars create traffic and a reason to be. the used pays the bills.