American Suzuki Motor to file for Chapter 11

Reuters

American Suzuki Motor Corp, the sole distributor of Suzuki Motor Corp <7269.T> vehicles in continental United States, said it will file for Chapter 11 bankruptcy protection.

The company will wind down and discontinue new automobile sales in continental United States, it said.

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American Suzuki sold 2,023 vehicles in the United States last month.

(Reporting by Sharanya Hrishikesh in Bangalore)