Suzuki Buys Out 50 Dealers Across The United States - Suzuki Forums: Suzuki Forum Site
Suzuki Forum Suzuki Forums

» Auto Insurance
» Featured Product
Wheel & Tire Center

Go Back   Suzuki Forums: Suzuki Forum Site > Welcome > Suzuki News
Register Home Forum Active Topics Photo Gallery Garage Search Today's Posts Mark Forums Read Auto EscrowAuto LoansInsurance Advertise is the premier Suzuki All Forum on the internet. Registered Users do not see the above ads.
LinkBack Thread Tools Display Modes
Old 08-17-2010, 01:14 PM   #1 (permalink)
Sponsored Editorial Content
Join Date: Jul 2010
Posts: 94
Gallery: 0 is on a distinguished road
Default Suzuki Buys Out 50 Dealers Across The United States

With sales falling 75 percent since their record-setting year in 2007, Suzuki has taken the drastic measure of buying out 50 of its worst performing stores in the United States.

Since 2007, when Suzuki sold just over 100,000 cars, the brand has gone from 486 franchises to 300. Most dealers are selling just five cars per month, with buyout package dealers selling roughly 2 per month. Dealers were offered one of two packages, a $50,000 buyout plus a buyback of inventory, signage, special tools and other items, or a $20,000 buyout for dealers who did not participate in a Suzuki sponsored showroom upgrade program.

While Suzuki officials say that they launched the program to give unprofitable dealers an exit strategy, and to help strengthen showrooms that are successful, some observers see this as the begging of the end for the struggling Japanese automaker's foray into the United States.

More: Suzuki Buys Out 50 Dealers Across The United States on is offline   Reply With Quote Quick reply to this message
Sponsored Links

  Suzuki Forums: Suzuki Forum Site > Welcome > Suzuki News

Quick Reply

Register Now

In order to be able to post messages on the Suzuki Forums: Suzuki Forum Site forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.
User Name:
Please enter a password for your user account. Note that passwords are case-sensitive.
Confirm Password:
Email Address
Please enter a valid email address for yourself.
Email Address:
Please select your insurance company (Optional)


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On

Powered by vBadvanced CMPS v3.2.3

All times are GMT -5. The time now is 11:39 AM.

Powered by vBulletin® Copyright ©2000 - 2019, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.1
Garage Plus vBulletin Plugins by Drive Thru Online, Inc.
vBulletin Security provided by vBSecurity v2.2.2 (Pro) - vBulletin Mods & Addons Copyright © 2019 DragonByte Technologies Ltd.