Isuzu to Leave U.S. Market
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Isuzu to Leave U.S. Market - 1/30/2008 2:34:00 PM
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03neonRT
Posts: 6019
Joined: 11/10/2005
From: Toledo, Ohio
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quote:
Isuzu has officially announced that it will pull out of the U.S. light-vehicle market. While the company will still sell its commercial trucks in the U.S., Isuzu will no longer be selling its i-series pickup truck or Ascender SUV as of January 1, 2009. Isuzu will continue to offer parts and service in the U.S. for its vehicles.
Isuzu says the decision to leave the U.S. market was made because of a lack of future products. Both of Isuzu's models are based on General Motors vehicles — the i-series pickup on the Chevrolet Colorado/GMC Canyon and the Ascender SUV on the Chevrolet TrailBlazer — and GM has no plans to update either platform in the near future. Isuzu deemed developing a vehicle on its own specifically for the U.S. market too costly.
Rumors that Isuzu would leave the U.S. market have been circling for years, due to the Japanese automaker's lackluster sales. In 2006, Isuzu managed to sell just 15,751 vehicles and only moved 7,906 units in 2007. The exit from the U.S. market will reportedly cost Isuzu $37 million in dealer buyouts and other move related expenses.
< Message edited by 03neonRT -- 1/30/2008 2:38:18 PM >
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RE: Isuzu to Leave U.S. Market - 1/30/2008 2:50:40 PM
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Dakota_24
Posts: 1209
Joined: 12/24/2005
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< Message edited by Dakota_24 -- 1/30/2008 2:59:30 PM >
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RE: Isuzu to Leave U.S. Market - 2/4/2008 12:37:21 PM
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ViperGTS
Posts: 14303
Joined: 9/28/2003
From: Maryland
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Izuzu has no concept of a market, all they do is leach off of Chevy/* to build sucky trucks and other vehicles
Thank God they're leaving!!
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BK for teh winz bitches!
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86' Mercedes 190E-16v: Still waiting to get here @ 51k
99' Honda Civic DX:Current DD
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RE: Isuzu to Leave U.S. Market - 2/4/2008 4:54:00 PM
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dustyloins
Toys For Tots Fund Contributor
Posts: 20389
Joined: 12/21/2003
From: Manassa, Colorado (Home of Boxer Jack Dempsey)
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Haven't seen too many on the road lately.......
Dusty
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