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

2015 Volkswagen Golf R Variant spied undisguised
This is heartwarming! Daughter surprises stepdad with Porsche 914
Kia teases the third-generation Sorento with bolder and rounder styling
Next-gen 2017 BMW Z4 roadster digitally imagined
All-new 2015 Land Rover Discovery Sport is here, priced from under £30,000
2014 SUV’s worth considering
Infographic: What to do after a car accident
Audi A8 Edition 21 revealed, priced from £72,525
65 UK companies pledge to "Go Ultra Low"
Škoda Kodiaq - the brand's first large SUV is officially here
Mercedes introduces new engines for E-Class Estate and GLC Coupe line-up
BMW M8 prototype hits the Nürburgring race track
Tags:
linode.com