Suzuki Kizashi to be cancelled?
January 6, 2009 by Alborz Fallah
Amid some of the hardest times ever faced by the global auto market, Suzuki Motors has announced that it will shelve plans to launch its Kizashi large-sized car in 2010. The company will subsequently also delay the start of overseas factories (Thailand and Russia) as a result.
The problem Suzuki is facing is similar to the rest of the industry, however the company’s biggest market, India, where it commands around half the market has also declined sharply.
Financial advisors have warned car companies to slow capital investment plans given the decrease in demand worldwide.
The news is unfortunate as the Kizashi was one car we had all been waiting for here at CarAdvice. You can read more about the car here. The 3.6-litre sedan was meant to act as a step up from the company’s small cars, capturing existing buyers looking to upgrade.
Suzuki CEO Osamu Suzuki says there is a reasonable chance of the entire project’s cancellation (for the time being). Mr Suzuki said it makes little sense to launch a car into a shrinking segment of the market.
Tags: suzuki kizashi
Wooohooo first person! and don’t cancel it!
I wish I could cancel *you*, did that really give you that much of a thrill you couldn’t even find a word to say on the story itself?
Darn shame about the Kizashi, though understandable given how hard is to move large cars in the current climate.
I was looking foward to seeing this car.Suzuki have a knack of bringing out interesting new stuff when thay ever get around to doing things
isnt a 3.6 v6 a little big for a mid size car?
its just to squaasshed compared to the concept just cancel it