Saturday, December 15, 2012

American Suzuki files for bankruptcy protection | Essentials

American Suzuki files for bankruptcy protection

Day 36 Occupy Wall Street October 21 2011 Shankbone 49
Day 36 Occupy Wall Street October 21 2011 Shankbone 49 by david_shankbone
License (according to Flickr): Attribution License
Excerpt:

BREA, Calif. - American Suzuki Motor Corp. on Monday filed for Chapter 11 bankruptcy protection and said it will cease selling automobiles in the U.S. as part of a plan to restructure its business. The company, based in Brea, Calif. , is the sole distributor of Suzuki Motor Co. vehicles in the continental U.S. In documents filed with the U.S. Bankruptcy Court in the Central District of California, the company estimated that its debts and liabilities range from at least $100 million to as much as $500 million.

American Suzuki files for bankruptcy protection

Additional Info:

Company: Suzuki Motor Corp.

Overall Sentiment: -0.0312454

Relevance: 0.861521

Company: Suzuki Motor Co.

Overall Sentiment: 0.0504522

Relevance: 0.469307

Organization: U.S. Bankruptcy Court

Overall Sentiment: -0.0183491

Relevance: 0.377456

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