Suzuki Withdraws From Canada
After thirty years of selling it's vehicles in Canada, Suzuki Motor Corp is closing up shop here and leaving the Canadian market. The company's announcement comes hot on the heels of Suzuki declaring bankruptcy in the US in November 2012. At that time the company said that they planned to remain in Canada where their cars were more popular. Canadians are more likely to purchase small, inexpensive vehicles than American car buyers. While small, inexpensive cars are indeed more popular up here than below the 49th parallel, volumes just aren't high enough to justify production runs that catered to North American standards. Canadians represent only 10% of what the US market can offer a manufacturer. Suzuki sold nearly 5,500 cars here in Canada in 2012, but those numbers are not enough to cover the unique design and development expenses incurred during development for the North American market.
More Source: autoExpert.ca