Suzuki Slouches Toward Bankruptcy. America Shrugs.

Remember the outrage sparked by Saab's bankruptcy announcement? It set off a skirmish of accusations and denials, with investors clamoring to buy a stake in the quirky car company, then silently slinking away, until finally at the 11th hour, a group of Chinese and Japanese funders rode into Saab Town and saved the day. Back in November, Suzuki announced that it was filing for bankruptcy, too. The world yawned. True, there were some differences between the two. Saab was shutting its doors worldwide, while Suzuki was only 86ing the American portion of its car business. After the automaker closes up shop in the U.S., folks elsewhere on Planet Earth will still be able to buy Suzukis all they like. Read more at:http://www.thecarconnection.com/news/1082706_suzuki-slouches-toward-bankruptcy-america-shrugs