Casualties
The Big Three aren’t the only ones being affected by the economic and auto industry slow down, other companies are taking proactive steps to ensure their future, unlike the Big Three who just spend money like Whitney Houston in a crack house and then beg for tax payers to bail them out over and over again. Here’s the latest rundown of what I’ve managed to piece together;
Honda: Dropped their entire F1 program and have cancelled the new NSX
Audi: Withdrawn from both American and European Le Mans series
Mazda: American Le Mans program dropped
Porsche: American Le Mans program dropped
Subaru: WRC program dropped
Suzuki: WRC program dropped
Aston Martin: Unspecified cutbacks and so far will only commit to the 24 Hours of Le Mans
Tough times indeed
This entry was posted on December 18, 2008 at 4:30 am and is filed under Uncategorized with tags ALMS, Audi, bailout, big 3, F1, Honda, motorsports, Porsche, Subaru, WRC. You can follow any responses to this entry through the RSS 2.0 feed You can leave a response, or trackback from your own site.
December 20, 2008 at 10:04 pm
Porsche has also reported considerably lower sale projections for coming year (with sales already down 19%):
http://business.theage.com.au/business/world-business/porsche-slams-on-the-brakes-20081219-71sl.html