Web Exclusive: Suzuki to stop selling cars in the U.S. - KYTX CBS 19 Tyler Longview News Weather Sports

Web Exclusive: Suzuki to stop selling cars in the U.S.

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(CBS/CNN) - Wall Street is waiting to see who wins the presidential election.  Investors are reluctant to make any big moves without knowing the winner.  Some analysts say no matter who wins, the markets could see a surge. 

If you bought shares of priceline.com immediately following the last presidential election four years ago, you made out quite well.  The travel deal website is the best performing stock in the S&P 500 over the past four years, up more than a thousand percent.

Suzuki will no longer sell cars in the United States.  The Japanese automaker filed for bankruptcy on Monday.  Court documents show Suzuki's debts and liabilities range from at least 100 million dollars to up to 500 million dollars.  As part of its restructuring plan, Suzuki will stop its car and SUV sales in the U.S., but continue to sell motorcycles, ATVs and boat engines.

Gasoline is a hot commodity in New York and New Jersey in the aftermath of Superstorm Sandy.  Some people are cashing in selling gas for outrageously high prices on Craigslist. Prices advertised on the web site Monday afternoon were as high as $30 dollars a gallon.

The average price of regular unleaded gasoline in New York is $3.96 a gallon; it's 3.62 in New Jersey.  Price-gouging is illegal in both states.  But in spite of the legal issues, some drivers may be willing to pay more rather than wait.  Consumers have braved hours-long lines at gas stations to get fuel for their vehicles or power generators.

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