Tuesday, November 6, 2012

Suzuki North America Chapter 11

So, I'm in line to vote here in Miami its 5:56am and this just came up across the wire.

What this is really about is to bypass state laws for buybacks and to pay dealers lost profits on new units. Think about how much the car dealers are on the hook for because they signed multi year ad contracts or have fleets of new vehicles, the interest they have paid on new units sitting at the dealer, etc...

So in the end don't be surprised if some dealers end up closing or filling for Chapter 11 because of the national decision. Few Suzuki dealers are Suzuki scooter dealers in the USA but it could affect things.

Happy Election 2012

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