The Charade is up: Daihatsu pulling out of Australia

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Japanese automaker Daihatsu is
pulling outback out of Australia. The Toyota property had been struggling for
some time to find Aussie buyers, particularly in view of the growing pool of discount entries from
Korea.

Hopes remained high that the new Terios softroader unveiled
in Geneva (above) would help matters, but pricing issues and a range of slow-selling stablemates conspired against
the brand’s fortunes, resulting in this planned retreat to Japanese shores.

For its part, Toyota spokesman Mike Breen asserts that
the company will continue to support Daihatsu owners, saying “… we will have lifetime support for the
vehicles we have sold in .”

[Source:
CarsGuide.com.au]