Welcome to the North American Subaru Impreza Owners Club Saturday December 20, 2014
Home Forums WikiNASIOC Products Store Modifications Upgrade Garage
NASIOC
Here you can view your subscribed threads, work with private messages and edit your profile and preferences Home Registration is free! Visit the NASIOC Store NASIOC Rules Search Find other members Frequently Asked Questions Calendar Archive NASIOC Upgrade Garage Logout
Go Back   NASIOC > NASIOC General > News & Rumors > Non-Subaru News & Rumors

Welcome to NASIOC - The world's largest online community for Subaru enthusiasts!
Welcome to the NASIOC.com Subaru forum.

You are currently viewing our forum as a guest, which gives you limited access to view most discussions and access our other features. By joining our community, free of charge, you will have access to post topics, communicate privately with other members (PM), respond to polls, upload content and access many other special features. Registration is free, fast and simple, so please join our community today!

If you have any problems with the registration process or your account login, please contact us.
* Registered users of the site do not see these ads.
Reply
 
Thread Tools Display Modes
Old 09-28-2009, 02:11 PM   #1
AVANTI R5
Scooby Guru
 
Member#: 73805
Join Date: Nov 2004
Default Hyundai drops out of shrinking Tokyo Motor Show

Quote:
TOKYO -- The incredibly shrinking Tokyo Motor Show just got even smaller.

Hyundai Motor Co., the last major foreign automaker which was scheduled to participate in next month's show, has decided to pull out with just weeks to go, organizers say.

“Hyundai called last week and orally confirmed their intent to cancel,” said Toyokazu Ishida, who administers the international exhibition for the Japan Automobile Manufacturers Association. The call came Fri., Sept. 25. “It's unbelievable,” Ishida said.

The South Korean carmaker's exit leaves just two minor foreign manufacturers at the Oct. 24-Nov. 4 event: German boutique manufacturer Alpina Burkard Bovensiepen and British sports-car maker Lotus. The Detroit 3 were among the first to drop out earlier this year.

The Tokyo show, held every two years, was once the premier auto event in Asia. But it is being hit hard as international players sit out to save cash amid the global market slump.
It can cost millions to exhibit, and even some Japanese manufacturers had proposed that this year's event be canceled because of the slumping economy.

Hyundai officials in Seoul could not immediate confirm or comment on their plans for the show. JAMA is still awaiting written confirmation of the decision.

JAMA officials said they did not know why the company was pulling out. Japan's Mainichi newspaper said it was a cost-cutting measure.

Dropping out now will minimize Hyundai's losses. Hyundai already has paid ¥10.9 million ($122,000) in nonrefundable fees for a 4,300-square-foot exhibit, according to JAMA. Ishida said it's unclear what will be done with the empty floor space
http://www.autonews.com/article/2009...909289995/1171
* Registered users of the site do not see these ads.
AVANTI R5 is offline   Reply With Quote
Old 09-28-2009, 10:27 PM   #2
Derbagger
Scooby Specialist
 
Member#: 32113
Join Date: Jan 2003
Chapter/Region: NESIC
Location: Trollhatten, Japan
Vehicle:
05 Saabaru
Satin Grey

Default

why the cost of an autoshow when there is more pub by releasing pics online before.
Derbagger is offline   Reply With Quote
Old 09-28-2009, 10:29 PM   #3
txl146
Scooby Guru
 
Member#: 32459
Join Date: Feb 2003
Chapter/Region: Tri-State
Location: NY
Vehicle:
02 WRX VF34
Junior Tuned 301whp

Default

Hyundai isn't that popular in Japan anyway...
txl146 is offline   Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump

Similar Threads
Thread Thread Starter Forum Replies Last Post
Mitsubishi Drops Out Of 2009 Detroit Auto Show banyan Non-Subaru News & Rumors 2 11-21-2008 08:05 PM
Mitsubishi drops out of Detroit auto show AVANTI R5 Non-Subaru News & Rumors 2 11-21-2008 01:49 PM
2001 Tokyo Motor Show legacyb4 Interior & Exterior Modification 7 11-05-2001 12:42 PM
('93-'01) Tokyo Motor Show - pics Clement Impreza Forum 65 10-29-2001 01:23 PM
('93-'01) Tokyo Motor show pics... DeliciouSpeed Impreza Forum 5 10-28-2001 07:55 PM


All times are GMT -4. The time now is 09:08 AM.


Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
Powered by Searchlight © 2014 Axivo Inc.
Copyright ©1999 - 2014, North American Subaru Impreza Owners Club, Inc.