SZKMF.PK: Suzuki Motor Co StockTalks

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Friday, March 1, 7:54 AM Tata Motors (TATA) says sales in India fell 33% Y/Y in February amid a large downturn in the domestic automobile market. High fuel costs and slow economic growth in the nation continue to dampen demand. Maruti Suzuki (SZKMF.PK) saw sales fall 10.9% and Hyundai's (HYMLF.PK) local arm suffered a 7.6% drop in sales for the month. Comment! [Consumer, Global & FX]
Wednesday, January 9, 7:27 AM Automobile sales in India fell 12.5% Y/Y to 141K due to high interest rates and steep fuel prices, according to The Society of Indian Automobile Manufacturers. The forecast for sales in 2013 in the nation has now been lowered all the way down to the 0%-1% range after being as high as 9%-11% just a few months ago. Key sellers in India include General Motors (GM), Ford (F), Hyundai (HYMLF.PK), and Maruti Suzuki (SZKMF.PK). 2 Comments [Consumer]
Friday, December 14, 2012, 1:04 PM China says it will take necessary military surveillance measures to safeguard the sovereignty of the Diaoyu Islands. The territorial dispute shows no signs of abating which is an ongoing headache for Japanese automakers attempting to see sales in China pick back up. 2 Comments [Global & FX, Consumer]
Sunday, December 2, 2012, 2:55 AM Auto makers experienced a mixed November in India, where the market has been declining this year due to higher loan rates, increasing fuel prices and fears of job losses. Ford's sales (F) grew 0.6% and Maruti Suzuki's (SZKMF.PK) 12%, but those of Tata Motors (TTM) slumped 15.5% and of Toyota (TM) 26% amid a suspension of production at factories near Bangalore. Meanwhile, Honda's (HMC) sales of scooter and motorbikes climbed 12%. Comment! [Consumer]
Tuesday, November 6, 2012, 5:16 AM Suzuki (SZKMF.PK) will stop selling cars in the U.S. after 27 years, and after its operations in the country entered bankruptcy protection yesterday. The Japanese firm was hit by the strong yen, a limited line-up and strict regulation. Suzuki isn't exiting the U.S. altogether, though, and will now focus on motorbikes, all-terrain vehicles and marine equipment such as outboard motors. 1 Comment [Consumer]
Thursday, March 24, 2011, 4:41 PM Toyota (TM) will resume domestic production of 3 of its hybrid models on Monday. It is unclear how long the company will continue as it all depends on an unclear ability to procure parts. Honda, in contrast, will continue suspension of all production until April 3. Comment! [Global & FX]

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