Seems they couldn't keep up with the highly competitive chinese market.
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130306000011&cid=1502&MainCatID=0
http://www.wantchinatimes.com/news-subclass-cnt.aspx?id=20130306000011&cid=1502&MainCatID=0