Tuesday, January 18, 2011

Nissan Cube being pulled in Europe

What the?!? No more Element, no more Cube (don't worry, the Cube's still available in North America)? Where's a person find the next toaster on wheels?!? Huh? Kia Soul you say....
-No profit left in niche model

-Japanese exchange rate squeezed margins

-No more available once stocks run out

If you want to buy a quirky Nissan Cube you need to get your skates on because the company has confirmed it is withdrawing the model from European markets. Nissan says exchange-rate problems with the Yen and Euro mean it doesn't make any money on the car, so it will no longer be imported.

There is no central stock left, although dealers in London have a limited supply of the cars. Nissan said it was possible, but unlikely, that imports of the Cube would restart if exchange rates became more preferable.

No other niche models in the Nissan family, such as the Murano or GT-R, are affected and will continue to be available.


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