Daihatsu Passion
Daihatsu Passion

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Posts Tagged withdrawal

Official Announcement: Daihatsu to Cease Sales of New Vehicles in Europe

Jan 17

Posted by Umut Gultekin in Copen, Cuore, Materia, News, Sirion, Terios, Trevis | No Comments

Daihatsu Motor Co., Ltd. (Daihatsu) announces that it has decided to cease sales of new vehicles in Europe as of January 31, 2013. However, Daihatsu will continue after-sales services, including supply of spare parts, for its vehicles beyond that date.

Daihatsu currently sells new vehicles in approximately 10 countries. The decision to discontinue sales of new vehicles in Europe is the result of increasing development costs to comply with regulations in Europe, such as those related to CO2 emissions, and the appreciation of the yen against the Euro, which have had a negative impact on business results and made selling vehicles manufactured in Japan by Daihatsu no longer viable. It was made from the perspective of streamlining operations and focusing on specific areas of business.

Notification to distributors and dealers in Europe regarding Daihatsu’s decision to cease sales of new vehicles there began on January 13, 2011.

Reference

  • No. of Daihatsu distributors in Europe: 10
  • No. of Daihatsu dealers in Europe: Approx.1,000 (including 400 exclusive dealers)
  • Sales of Daihatsu vehicles in Europe

Unit: thousand units

2005 2006 2007 2008 2009 2010
Sales of Daihatsu
vehicles in Europe		 (11.9%)
34.5		 (15.0%)
46.6		 (16.3%)
58.6		 (14.8%)
57.7		 (11.0%)
36.3		 (5.3%)
19.3

*Daihatsu survey; figures in parentheses indicate sales of Daihatsu vehicles in Europe as a percentage of total overseas sales

Source: http://www.daihatsu.com/news/n2011/11011401/index.html

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Daihatsu is Leaving Europe!

Jan 14

Posted by Umut Gultekin in Copen, Cuore, Materia, News, Sirion, Terios, Trevis | 1 Comment

Note that the supply of spare parts and after-sales service will always be available for owners of Daihatsu.I am devastated to announce that Daihatsu is leaving Europe by the end of January 2013.
Ofcourse, this may be a necessary step to cut the losses and get rid of the burden that comes with the overseas sales but then again, it means no more Daihatsu’s for the entire world except for Japan and some parts of Asia-Oceania.
It feels like losing a very dear friend. All my cars have been Daihatsus so far and I am very sad that I will not be driving a new one for a very, very long time, if not ever.
This probably means that the end of life is near for the current overseas models (I speculate), including Sirion, Terios, Materia, Cuore and Copen.
I will post updates as they come.
PS: Toyota, I hate you for forcing Daihatsu to become a local company. There, I said it.
source: Wall Street Journal Asia

I am devastated to announce that Daihatsu is leaving Europe by the end of January 2013.

Ofcourse, this may be a necessary step to cut the losses and get rid of the burden that comes with the overseas sales but then again, it means no more Daihatsu’s for the entire world except for Japan and some parts of Asia-Oceania.

It feels like losing a very dear friend. All my cars have been Daihatsus so far and I am very sad that I will not be driving a new one for a very, very long time, if not ever.

Note that the supply of spare parts and after-sales service will continue.

This probably means that the end of life is near for the current overseas models (I speculate), including Sirion, Terios, Materia, Cuore and Copen.

I will post updates as they come.

PS: Toyota, I hate you for forcing Daihatsu to become a local company. There, I said it.

Source: Wall Street Journal Asia

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Daihatsu quits China!

Jan 11

Posted by Umut Gultekin in News | 1 Comment

More bad news: First, Australia, then UK and now China…

Daihatsu announced on January 7 that it had withdrawn from a 50-50 joint venture in China in partnership with China’s FAW Jilin Automobile.

The Japanese automaker has made this decision after it adjusted its sales strategy in the Chinese auto market. Daihatsu will sell all its shares in FAW Daihatsu (Jilin) Body Parts Co. Ltd. to FAW Jilin (an auto parts maker in China).

From January to December 2008, Daihatsu sold roughly over a million vehicles, with a growth of 4 percent from a year earlier. However, its sales and net profit had witnessed the first decline since 2002. Moreover, the Xenia, the only model that has been made in China in the form of technology transference, could hardly have a satisfactory sales performance.

In addition, in order to continue the technology licensing agreement, no changes will be made in the partnership between Daihatsu and FAW Jilin Auto with regard to the provision of parts and other activities.

Source

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