Dec 30, 2022
By: Harshith KNThe first company on the list is the Mitsubishi Motors. The company came to Indian in 1998 and collaborated with Hindustan Motors.
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The company launched several models such as Lancer, Cedia, Mitsubishi Pajero, Pajero Sport and Outlander in the Indian market
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Japanese based Daewoo entered the Indian market by the end of 1990s. The Daewoo Matiz was the first car from the Dadwoo.
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By the end of 1999, the whole Daewoo Group ran into financial trouble and was forced into selling its automotive division, following the acquisition of its assets by General Motors. GM pulled the plug on Daewoo's presence in India in 2002. The Matiz made a comeback as Chevrolet Spark.
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Next company on the list is the Chevrolet. The company ceased the sale of Chevrolet cars in the country from 31st December 2017. Since the exit, Chevrolet has maintained a network of authorised service centres with over 170 customer touchpoint pan-India.
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In India the company sold some brilliant cars like Chevrolet Cruze sedan. However, as time went by, competition grew, and eventually led to this brand leaving the country due to low sales.
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After Chevrolet, Fiat decided to cease its operations in India due to poor sales. With ageing products in the market, the company failed to make its mark in India.
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During its time in India, Fiat gave the country some very interesting cars like Fiat Punto, Abarth models, Linea, and Punto EVO among others.
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Ford decided to exit the India in September 2021. The company said that it will provide all sorts of aftermarket support to the customers in the country.
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The company has stated that it will continue to retail some models in the country as CBU fully-imported units in the future.
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Nissan decided to discontinue its affordable small car brand Datsun in India, owing to lacklustre sales performance. The Japanese car brand is now available only in a handful of markets around the world.
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The company said that it can reassure all existing and future Datsun owners that customer satisfaction remains our priority, and we will continue to provide the highest levels of after-sales service, parts availability, and warranty support from our national dealership network
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