I've read all of Toyota's reasoning, the main point being that the light car market has become too competitive. The issue I have is that they have just released the new Sirion (a fine little car, might I say, having gone over one today), but surely they would have seen the market movement long before they locked in the Sirion release?
It just seems to be a bit short-sighted of a big mob like Toyota ... oh, I forgot, these are the same people that gave us the original Avalon (nice car, shame about the face
All jokes aside, it just seems a damn shame that Daihatsu is clearing out just as it finally releases a decent vehicle.