Daihatsu to Cease Sales of New Vehicles in Europe From January 31, 2013

Daihatsu has decided to cease sales of new vehicles in Europe as of January 31, 2013 due to increasing development costs to comply with regulations in Europe and the appreciation of the yen against the Euro.

Since 2008, European sales have declined 33% to just 19,300 units in 2010. The most successful year for the brand was 2007, when they sold 58,600 vehicles.

Daihatsu currently sells new vehicles in approximately 10 countries. However, Daihatsu will continue after-sales services, including supply of spare parts, and warranty work for its vehicles beyond that date.


RELATED POSTS

LEAKED: New Chevrolet Corvette Z06 to produce 620 horsepower
New Subaru WRX STI debuts in Detroit, confirmed for UK return
Cigarette Racing 50' Vision GT Concept revealed, inspired by the Mercedes AMG Vision Gran Turismo Co...
Citroen C4 Cactus Aventure concept revealed ahead of Geneva Motor Show debut
Audi A3 clubsport quattro concept revealed with 518bhp
Rolls-Royce reportedly working on SUV, could arrive in 2018
Six-millionth Audi with quattro all-wheel drive rolls off the assembly line
Jaguar Land Rover buys the largest privately owned collection of British classic cars
Hyundai i20 Coupe design sketch previews a new sporty addition to the 5-door hatch
Infiniti Concept Vision Gran Turismo revealed for virtual racing
2015 Shelby GT revealed with 627bhp, designed for international markets
First look at the all-new Land Rover Discovery
Tags:
linode.com