Should Suzuki and Mitsubishi Withdraw from the US Market?

GM and Chrysler have been stealing all the headlines recently, but several foreign manufacturers are having a rough time, too. Just looking at June numbers, Mitsubishi sales are down 41% from last year, while Suzuki’s sales are down a whopping 78%. As a result, Yuuki Sakurai, chief executive of Tokyo-based Fukoku Capital Management Inc., is recommending that both carmakers “withdraw from the U.S.” He added that “it’s time for them to decide whether they pay a high price to continue business there or stop the bleeding.” Mitsubishi Motors President Osamu Masuko said, “We will never give up the U.S. market.”

What do you think? Should they stick it out and hope for better times, or get out? Bloomberg via Autoblog

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