Suzuki Motor Corporation designs and manufactures passenger cars, commercial vehicles, motorcycles,
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
Tuesday, Mar 257:12 AM
Tuesday, Mar 257:12 AM| 3 Comments
- 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.
Monday, Mar 109:25 AM|Monday, Mar 109:25 AM| 1 Comment
Sunday, Dec 292013, 4:13 AM
Sunday, Dec 292013, 4:13 AM| 1 Comment
- 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
Tuesday, Dec 102013, 2:27 PM
Tuesday, Dec 102013, 2:27 PM| Comment!
- 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).
Friday, Jul 122013, 8:10 AM
Monday, Jul 12013, 6:45 AM
Tuesday, Jun 112013, 6:52 AMAutomobile 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. |Tuesday, Jun 112013, 6:52 AM| Comment!
Friday, Mar 12013, 7:54 AMTata 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. |Friday, Mar 12013, 7:54 AM| Comment!
Wednesday, Jan 92013, 7:27 AMAutomobile 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). |Wednesday, Jan 92013, 7:27 AM| 2 Comments
Friday, Dec 142012, 1:04 PMChina 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. |Friday, Dec 142012, 1:04 PM| 2 Comments
Sunday, Dec 22012, 2:55 AMAuto 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%. |Sunday, Dec 22012, 2:55 AM| Comment!
Tuesday, Nov 62012, 5:16 AMSuzuki (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. |Tuesday, Nov 62012, 5:16 AM| 1 Comment
Thursday, Mar 242011, 4:41 PMToyota (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. |Thursday, Mar 242011, 4:41 PM| Comment!