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Friday, November 9, 2012
Suzuki Borrows $45 Million to Close Dealers; Mitsubishi Promises to Stay in U.S.
Suzuki is dead and Mitsubishi is alive–at least, that’s what the news of the past 48 hours suggests. Within that time frame, American Suzuki won a court ruling that will allow it to borrow $45 million to shutter dealers, and Mitsubishi Motors CEO Osamu Masuko promised his company isn’t next up in the U.S.-market list [...]
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