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Suzuki has to take out $45M loan just to shutter US dealers

Bloomberg reports American Suzuki is set to borrow up to $45 million to to close its automotive dealerships and freshen up its it motorcycle and marine business. Suzuki Motor Corporation will loan American Suzuki the funds at three percent below the London Interbank offered rate in order to offer dealer owners a cash payment in exchange for voluntarily abandoning franchise agreements. The company's 216 dealers have 10 days to make a decision on the matter. Under the plan, Suzuki would give dealer owners half of what they're owed in one lump sum, and the dealers would then be able to pursue the remaining debt through the company's bankruptcy procedure.
U.S. Bankruptcy Judge Scott C. Clarkson granted American Suzuki interim authority to borrow the funds, but Bloomberg reports the company will likely return to court in a few weeks to seek up to $100 million. According to Richard Pachulski, a lawyer for Suzuki America, the automaker may owe its dealers somewhere around $50 million.

Suzuki iV-4 Concept is a personalized 'ute for everyone but US

It's with some sadness that we present to you the Suzuki iV-4 Concept - there's absolutely no way we'll ever see a production Suzuki based off this conceptual design in the States, despite the fact that the brand has quite a small-SUV heritage on our shores. Of course, we won't be seeing any new Suzuki passenger cars or trucks in the US at all...
For the rest of the world, Suzuki's push with this concept is personalization. According to the automaker, the name is broken down as such: "i" stands for "individuality," "V" for "vehicle," and "4" for "4 wheel-drive." A tad convoluted, perhaps, but we'll roll with it.
As far as its styling, the iV4 doesn't break any new ground for Suzuki, recalling its past and current production models with details that include a clamshell hood and a five-slot grille. Suzuki promises a production variant of this concept, and the "individuality" part will be accomplished through a selection of exterior components, colors and textures, though we're not clear what exactly that means or how it will differ from the accepted practice of ordering a unique car through a dealership.

Next Suzuki SX4 spotted again

Thanks to a sketch of the Suzuki S-Cross concept, we can already see the styling direction that the next-generation SX4 will take, and Suzuki is still hard at work on the production version of the car as evidenced by this latest batch of spy shots. These photos look almost identical to those captured back in July, but we see a little more detail at the rear of the car and get a better idea of the next SX4's proportions.
With the baggy camouflage lifted up at the rear of this prototype, we can see that the SX4 replacement has a very Mazda-chic look to it with downward-angled taillights that stretch into the liftgate. Aside from this, the big news is that we're finally getting a sense of the new SX4's size. Suzuki's press release attached to the Paris-bound S-Cross sketch said that the SX4 replacement would be growing to the compact segment rather than being a subcompact like the current car. Recent reports indicate that the next version of this car will be sized closer to the Grand Vitara, and in these pictures, you can definitely see how much the car has grown.
Still unknown is when we can expect to see the production version of the new SX4, or what will be inside it (available turbo power?), but hopefully Suzuki will not delay things like it did with the Kizashi and its numerous concepts.