Just the other day, Suzuki Motor Corporation filed for chapter 11 bankruptcy in the USA and announced that it is abandoning the car market in the country, while continuing to sell its motorcycles and ATVs.
Now we learn that the Japanese company is terminating all of its Spanish-based motorcycle production activities by the end of the first quarter of 2013. Not the best news for a country that is in a deepening recession with an unemployment rate of 25 per cent at the end of September.
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DIGITAL JUICE
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