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Court approves Suzuki bankruptcy plan

Suzuki has won approval for its Chapter 11 plan to stop selling cars in the US and concentrate instead on the company's powersports products. Judge Scott C. Clarkson of the US Bankruptcy Court for the Central District of California approved the plan after the company's creditors agreed to the conditions.
Suzuki will now sell its motorcycle, ATV and marine divisions to the newly minted Suzuki Motor of America subsidiary under the Suzuki name. The new company will be wholly owned by Suzuki Motor Company. This is the final piece of the company's restructuring puzzle.
The company says it will now be able to grow its powersports businesses here in the US and also provide auto parts and service to current Suzuki owners through what's left of the company's dealer network. You can check out the brief press release on the bankruptcy plan below.

Suzuki Jimny displays Samurai spirit in Japanese snowstorm

Say what you will about its smallest SUVs, but you have to hand it to Suzuki: the likes of the Samurai, Sidekick and Vitara were doing the little-sport-ute-that-could thing long before most of the rest of the industry caught on. And the formula remains relevant enough that Suzuki is still selling the same basic Samurai overseas as the Jimny.
That could be why the Samurai still has something of a cult following. Well, that and the name - which, as it turns out, may not have been such a stretch after all. A Samurai warrior, after all, was just one man - but like any other knight, he was worth more than his headcount on the battlefield. Or in this case, a Japanese snowstorm. Just watch the half-minute video below to see what we mean.

Toyota, Honda, Nissan and more collaborating to increase fuel efficiency

Toyota, Honda, Mazda, Nissan, Subaru, Mitsubishi, Suzuki and Daihatsu have announced an alliance that will see a push to improve fuel economy from both gas-powered and diesel-powered engines by as much as 30 percent before the end of the decade.
The newly assembled Research Association of Automotive Internal Combustion Engines put the roughly $20-million project together, with the Japanese government committing to half the cost while the eight manufacturers will chip in the rest.
According to Automotive News, the automakers will team up and share basic research on internal-combustion engines in a bid to cut costs. Eventually, the results of the research will find its way into a production vehicle, although it's unclear just when we'll see the fruits of this partnership on the road.