I'm talking in experience from a 2004 so things most definitely have changed a little bit. The seats aren't really full-on suede, the best way I can describe them is semi-unfinished leather. There's definitely no doubt that it's real though and very, very soft.
And yes, conditioning is definitely a must because they do dry out especially down here in the Florida sun. I use this for conditioning
LEATHER CONDITIONER - King Ranch Saddle Shop it works fantastic.