Suzuki to Withdraw From U.S. Auto Market After Posting Losses

Suzuki to Withdraw From U.S. Auto Market After Posting Losses

Dado Galdieri/Bloomberg

The U.S. subsidiary posted a net loss of $15.8 million in the year ended March 2012, after losing $78.9 million the previous year, according to the statement. The current automobile dealer network will be transformed into a network of authorized service and parts dealers, it said.