10 Brands to Disappear in 2013
Suzuki
American Suzuki Motor sold 10,695 cars and light trucks in the first five months of this year. But when compared with the same period in 2011 it was down 3.9 percent. The sales gave the manufacturer a U.S. market share of just 0.2 percent. One reason the company is facing in moving its vehicles is the poor reputation of its cars. Suzuki is facing hurdles in selling its vehicles is that it currently offers a very aggressive zero-percent financing package for 72 months on all of its 2012 cars, trucks and SUVs. Even with forceful sales strategies, Suzuki cannot improve its position in the American market. Most of its cars sell for less than $20,000 and its trucks and SUVs for under $25,000. Almost every other manufacturer with a broad range of vehicles has flooded this end of the market with cheap, fuel-efficient models. Arguably the most successful car company in the U.S. based on growth, Hyundai, does particularly well in this segment.
