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Est. 2015 — Automotive Stories for Cars Enthusiasts
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Cars Page 12 of 22

20 Reasons Scion Failed—And Why We Still Miss Toyota’s Quirky Little Experiment

11. Economic Timing

0912 03 z 2010 scion xb release series 7 front three quarters view
Rows of unsold cars sit untouched at an empty dealership, a stark reminder of the 2008 recession’s impact. | Image from www.flickr.com (Creative Commons Licensed)

Scion’s arrival on the market was unfortunate in its timing—just a few years before the 2008 financial crisis. The brand’s youthful target audience was disproportionately impacted by the recession, with many delaying car purchases or opting for used vehicles instead. This economic reality made it nearly impossible for Scion to hit its ambitious sales goals, stifling momentum during the brand’s most critical years.
Source: CNN Business

Written by
Cameron
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