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Subaru to withdraw from world rally championship
![]() Global crisis accelerated decision to pull out of competition
TOKYO. Japan's Fuji Heavy Industries, the maker of Subaru cars, said Tuesday it would withdraw from the world rally championship at the end of the 2008 season because of the global crisis.
"Our business environment has rapidly deteriorated. In order to protect the Subaru brand we were forced to make this decision," Fuji Heavy President Ikuo Mori said. Mori fought back tears as he announced the decision at a press conference here, thanking Subaru fans. He cited the global economic slump and falling car sales as major reasons. The company had already decided to pull out of the rally at the end of 2009 but brought forward the timing due to the severity of the business environment, he said. Publicidad
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