Daihatsu Pulls Out Of China Due To Bad Sales
Miscellaneous | Dean | July 31, 2009 at 15:12
Japan’s Daihatsu Motor Company has decided to stop sales in China. Daihatsu has apparently handed over all of their sales over to its Chinese partner, FAW.
The Xenia is currently a company multipurpose vehicle which is based on the Toyota Avenza, this model will be sold in China under the FAW badge. The company will still continue sales outside of China where they recently launched a new car in the UK that features a small engine.
The new Materia is powered by a 1.5-litre 16V engines with 103-horsepower. It will get to a top speed of 170km/h and feature a fuel economy of 6.1-litres per 100km.
Tags: china, Daihatsu, faw -->
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bad news, it is not everyday you see a toyota sub brand pulling out of a market
Yeah. Obviously the Chinese market is not working for them, but they say that sales around other parts of the world is going well.
So, yeah, I guess… Cut your losses, hey?