Archives

Daihatsu

Daihatsu announces retirement plans from the European market

View

The main reasons which make the Japanese people from Daihatsu to quit the European market starting 2013 are the poor financial situation together with poor sales amount. Back in 2009, Toyota announced that the Japanese subsidiary managed to sell about 36,000 vehicles in Europe, not very optimistic indeed.

Daihatsu
Daihatsu

Another decisive reason which weighs a lot is the bad trend of the currency between yen and euro but also the EU reglementations in terms of safety and CO2 emissions, a chapter where Daihatsu can’t boast too much. It seems that in 51 years, as Daihatsu entered the European market in 1960, they really didn’t manage to break the ice, mainly considering that last year the sales droped even more compared to 2009, only 19,300 vehicles being sold by the Japaneses.

However, there are two more years since 2013 when the Japanese company will completely quit the European market, thus, this comes as a warning signal but however the chances of recover are small for Daihatsu.

Andrei Ursu
the authorAndrei Ursu
Andrei is one of the oldest automotive journalists of Automotorblog and has written more than 3000 articles for our publication. He has been passionate about cars since he was a small child, and he joined our team of writers in 2009. In addition to his passion for cars, he is also passionate about music. In his free time, he composes songs and sings them, which also brought him real success in the musical field.

Leave a Reply

Share This Article
Send this to a friend