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"  Suzuki Kizashi  American Suzuki Motor Corp has filed for Chapter 11 bankruptcy and will no longer sell cars in the U.S. market. Suzuki will honor the warranties on its cars, but the 220 Suzuki car dealerships will close or become parts and service points. The company&amp;#039;s plan is to reorganize and continue to sell its motorcycles and other products in the U.S. In a statement Suzuki explained the challenges that prompted its departure as, &amp;quot;...low sales volumes, a limited number of models in its line-up, unfavorable foreign exchange rates, the high costs associated with growing and maintaining an automotive distribution system in the continental U.S. and the disproportionally high and increasing costs associated with stringent state and federal regulatory requirements unique to the U.S. market.&amp;quot;   Suzuki Kizashi  Suzuki began selling vehicles in the U.S. in 1985 and had an initial hit with the small Samurai SUV. That hit became a hassle when Consumer Reports claimed there was a rollover danger with the Samurai, starting a public battle with Suzuki that went on for years and hurt the automaker. There were numerous attempts by Suzuki to establish itself over the years, including ties with General Motors, but they fell short. The automaker&amp;#039;s last \u2013 and arguably its best -effort came in December 2009 with the launch of the Kizashi sedan. Though it got good reviews, the Kizashi never took hold in the ultra-competitive small sedan market.   Suzuki Kizashi  Just a decade ago, Suzuki said it hoped to sell 200,000 cars in the U.S., but it only hit half that number on two occasions. Last year it sold just over 26,500 cars in the U.S. during a relative sales boom year. The bottom line: Trying to sell an inexpensive, made-in-Japan car in the U.S. in a 77-80 yen-per-dollar world is a tough proposition. RIP Kizashi. Related posts:  Nurburgring in Bankruptcy Artega Files for Bankruptcy Taking On Laguna Seca In the Suzuki Kizashi  "^^<http://www.w3.org/2001/XMLSchema#string>
<http://www.roadandtrack.com/new-cars/news/a3636/suzuki-cars-into-bankruptcy-out-of-the-us-39274/>