Suzuki pull out of world championship due credit crunch

JohnDotCom · 15th December 2008, 09:48

After Seat pulling out of Racing, and Honda muting the same as well as in F1.

Suzuki pull out of world championship due credit crunch

2 hours 40 mins ago

Suzuki have pulled out of the world rally championship due to the global economic crisis, the team said in a statement on Monday.

The Japanese manufacturer said its decision was in response "to the contraction of the automotive sales caused by recent global economic turmoil."
(Reporting by Alan Baldwin, Editing by Martin Petty)

tony g · 15th December 2008, 18:22

for a minute their i thought you meant bike racing !!!!!!!

Paranoid Carlos · 16th December 2008, 19:44

Quote:

Originally Posted by tony g

for a minute their i thought you meant bike racing !!!!!!!

Safe bet something like thats coming

tony g · 16th December 2008, 21:37

Quote:

Originally Posted by Paranoid Carlos

Safe bet something like thats coming

i hope not Carl !!!!

JohnDotCom · 16th December 2008, 21:39

Vauxhall said today they are reviewing any competitions they are involved in/with.
A very open but non committal statement.
How can they continue when asking staff to take a sabbatical till October 2009?

tourerfogey · 16th December 2008, 21:48

Vauxhall, like any other manufacturer involved in Motor Sport are not in it for 'fun'. It is a form of promotion and advertising which has been known to pay dividends in the past - Ford with the Escort for example and also with the Sierra which at first didn't sell as well as they hoped for a Cortina replacement until they used it in the BTTC, and then there's the success Subura have enjoyed selling high performance road cars on the back of their rallying success. So, at Vauxhall, it could be seen as a means to an end to increase sales - ultimately good for the workforce. Whether the workforce would see it that way sat at home watching it on the TV during shutdown is another matter of course.

JohnDotCom · 16th December 2008, 21:51

Agree TF, Its a difficult one I should think with manufacturers
they need sales and this helps get them,
but takes money away from other areas, and with staff laid of or on "sabatical"
and asking Government for support whilst doing this may be seen poorly by some?

Paranoid Carlos · 17th December 2008, 15:57

Quote:

Originally Posted by Paranoid Carlos

Safe bet something like thats coming

Strong rumours on various boards that Honda pulling out of MotoGP anouncment expected friday morning (they were right about subaru)

http://www.motogpmatters.com/news/

15th December 2008, 09:48	#1
JohnDotCom * Rover 75 FaceLift Tourer CDTi 170BHP Auto ConnSE 2005 Model Starlight Silver Join Date: Nov 2006 Location: Abergele Posts: 28,735 Thanks: 0 Thanked 6 Times in 5 Posts	Suzuki pull out of world championship due credit crunch After Seat pulling out of Racing, and Honda muting the same as well as in F1. Suzuki pull out of world championship due credit crunch 2 hours 40 mins ago Suzuki have pulled out of the world rally championship due to the global economic crisis, the team said in a statement on Monday. The Japanese manufacturer said its decision was in response "to the contraction of the automotive sales caused by recent global economic turmoil." (Reporting by Alan Baldwin, Editing by Martin Petty)

15th December 2008, 18:22	#2
tony g Posted a thing or two MG ZT Join Date: Dec 2006 Location: cumbria Posts: 1,238 Thanks: 8 Thanked 43 Times in 24 Posts	for a minute their i thought you meant bike racing !!!!!!!

16th December 2008, 21:39	#5
JohnDotCom * Rover 75 FaceLift Tourer CDTi 170BHP Auto ConnSE 2005 Model Starlight Silver Join Date: Nov 2006 Location: Abergele Posts: 28,735 Thanks: 0 Thanked 6 Times in 5 Posts	Vauxhall said today they are reviewing any competitions they are involved in/with. A very open but non committal statement. How can they continue when asking staff to take a sabbatical till October 2009?

16th December 2008, 21:48	#6
tourerfogey Banned Join Date: Nov 2006 Posts: 2 Thanks: 0 Thanked 1 Time in 1 Post	Vauxhall, like any other manufacturer involved in Motor Sport are not in it for 'fun'. It is a form of promotion and advertising which has been known to pay dividends in the past - Ford with the Escort for example and also with the Sierra which at first didn't sell as well as they hoped for a Cortina replacement until they used it in the BTTC, and then there's the success Subura have enjoyed selling high performance road cars on the back of their rallying success. So, at Vauxhall, it could be seen as a means to an end to increase sales - ultimately good for the workforce. Whether the workforce would see it that way sat at home watching it on the TV during shutdown is another matter of course.

16th December 2008, 21:51	#7
JohnDotCom * Rover 75 FaceLift Tourer CDTi 170BHP Auto ConnSE 2005 Model Starlight Silver Join Date: Nov 2006 Location: Abergele Posts: 28,735 Thanks: 0 Thanked 6 Times in 5 Posts	Agree TF, Its a difficult one I should think with manufacturers they need sales and this helps get them, but takes money away from other areas, and with staff laid of or on "sabatical" and asking Government for support whilst doing this may be seen poorly by some?