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Suzuki Motor Co. (SZKMF)

- OTCPK - Current
  • Wed, Jan. 14, 2:29 PM
    • Auto sales in India rose 11.8% to 262,795 units in December, according to WardsAuto.com.
    • Sales for 2014 ended at 3.213M units, down 1.8% Y/Y.
    • Higher prices from automakers due to increased excise taxes are expected to hold back demand in 2015.
    • Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY.
    | Comment!
  • Fri, Jan. 2, 9:04 AM
    • Automobile prices in India are set to increase as much as 6% after the government decides not to extend a tax break for manufacturers.
    • Execs with several automakers have already weighed in on the development, saying the higher tax will be passed on to consumes.
    • The development is expected to cut into demand in the short-term for an industry which was starting to gain traction.
    • Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY, OTC:RNSDF.
    | Comment!
  • Nov. 11, 2014, 2:28 PM
    • Domestic automobile sales in India fell 2.6% in October, according to the Society of Indian Automotive Manufacturers.
    • A pulling back of government subsidies for diesel models impacted sellers in the category.
    • Sales of trucks and buses also fell during the month.
    • Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY.
    | 1 Comment
  • Aug. 8, 2014, 8:11 AM
    • Automobile sales in India rose 6.5% to 199,435 during July to mark the second month in a row of rising Y/Y sales.
    • Discounting by major automakers and improved consumer sentiment in the nation have helped to boost demand.
    • Sales growth by segment: passenger cars +5% to 137,873; SUVs +19% to 44,945; vans -8% to 16,617.
    • Related stocks: OTCPK:SZKMF, HMC, TTM, OTCPK:BAMXY, OTCQX:VLKAY, OTCPK:NSANY.
    | Comment!
  • Jul. 28, 2014, 9:38 AM
    • New car sales in India rose 14.7% to 160,232 units in June as manufacturers introduced models closely attuned to consumer preferences.
    • It's a trend that automobile industry analysts think has continued in July with government tax breaks helping to support the market.
    • Honda (NYSE:HMC), Hyundai (OTC:HYMLF), and Maruti Suzuki (OTCPK:SZKMF) have showed the best growth rates in the nation over the last few months.
    | Comment!
  • Jul. 9, 2014, 11:04 AM
    • Automobile sales in India rose 15% Y/Y in June to 160,232 units, according to data from the Society of Indian Automobile Manufacturers.
    • Hyundai (HYMLF), Honda (HMC), and Maruti Suzuki (SZKMF) all showed gains during the month.
    • An extension granted by the Indian government on tax breaks for automobile purchases is a factor in the improved sales trends, say analysts.
    | 2 Comments
  • May. 12, 2014, 3:03 PM
    • Auto sales fell 12.6% during April in India to 233,731 units.
    • The sales tally was a 23.4% drop from the previous month when there was a pickup in sales
    • The forecast for the sector remains gloomy with demand hampered by high interest rates in India.
    • Related stocks: SZKMF, HMC, TTM, BAMXY, VLKAY, NSANY
    | Comment!
  • Mar. 25, 2014, 7:12 AM
    • Ford (F) and General Motors (GM) are still spinning their wheels in India with each claiming a market share of only around 3% in what is tapped to be the third largest automobile market in the world by 2018.
    • The Detroit automakers have been slow to adapt to local tastes for small sub-$10K cars.
    • The "big two" in the nation are Suzuki (SZKMF) and Hyundai (HYMLF) which combined account for over half of all automobile sales in India.
    | 3 Comments
  • Mar. 10, 2014, 9:25 AM
    • Car sales in India rose for the first time in five months, edging 1.4% higher in February to 160,718 units.
    • Maruti Suzuki (SZKMF) and Honda (HMC) both had solid gains for key models.
    • Tata Motors (TTM) saw a 6.7% sales gain during the period.
    | 1 Comment
  • Dec. 29, 2013, 4:13 AM
    • Japanese carmakers will reportedly increase production at the start of next year in order to meet what they expect will be higher demand ahead of a rise in sales tax in April.
    • Toyota (TM) will boost output by 10%, while Honda (HMC), Mitsubishi (MMTOF) and Suzuki (SZKMY) will add extra days of production.
    • Other Japanese auto stocks: NSANY, MZDAY, FUJHY
    | 1 Comment
  • Dec. 10, 2013, 2:27 PM
    • Car sales in India for November moved down 8.2% Y/Y as demand in the nation continues to weaken.
    • The Society of Indian Automobile Manufacturers doesn't expect a significant turnaround until a new government is in place which can put in measures to support the industry.
    • Automakers active in India: Maruti Suzuki (SZKMF), Tata Motors (TTM), Renault (RNSDF), BMW (BAMXY), Volkswagen (VLKAY), Toyota (TM), Hyundai (HYMLF).
    | Comment!
  • Jul. 12, 2013, 8:10 AM
    Automobile sales in India fell 9% in June and 10% for Q2 as the combination of a slow economy and the high relative cost of cars in the nation continues to cut into demand. On watch: Tata Motors (TTM), Maruti Suzuki (SZKMF.PK)
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  • Jul. 1, 2013, 6:45 AM
    Automobile sales in India fell 13% in June to 84,455 vehicles amid weak consumer demand. Toyota (TM), Maruti Suzuki (SZKMF.PK), and Mahindra & Mahindra all saw a drop of sales during the month compared to last year.
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  • Jun. 11, 2013, 6:52 AM
    Automobile sales in India fell lower for the seventh straight month, dropping 12% Y/Y to 143,216 units amid weak economic conditions. The prolonged slump has hit Tata Motors (TTM) and Maruti Suzuki (SZKMF.PK) hard as the local automakers also face increasing competition from Ford, Honda, GM, and Hyundai in the region.
    | Comment!
  • Mar. 1, 2013, 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!
  • Jan. 9, 2013, 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
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Company Description
Suzuki Motor Corporation designs and manufactures passenger cars, commercial vehicles, motorcycles,<br />all terrain vehicles (ATVs), outboard motors, and other products. The company continuously and vigorously promotes technical cooperation through numerous joint ventures overseas, and its main... More
Country: Japan