ZUKIWORLD Online | Suzuki 4x4 Editorial and Forum
ZUKIWORLD Discussion Forum => Suzuki 4x4 Forum => Topic started by: ebewley on May 13, 2004, 03:05:38 AM
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Suzuki to build new car in India, China, paper says
Reuters / May 11, 2004
TOKYO -- Suzuki Motor Corp. plans to produce a new version of its Concept S car in India and China by year end in order to tap the increasing number of wealthy consumers there, a newspaper said Tuesday.
Suzuki, Japan's top minivehicle maker and primarily a small-car manufacturer, is considering buiding a new, sportier version of the 1.5-liter-class passenger car at its Indian unit, Maruti Udyog Ltd., and at a joint venture in China, the Nihon Keizai Shimbun business paper said.
Suzuki, one-fifth owned by General Motors, has so far manufactured only older models in emerging markets but strong economic growth in India and China has led it to change its strategy, the paper said.
India's economy grew by 10.4 percent in October-December from the same period a year earlier, outpacing China.
"We have plans to build the car in potentially important markets, but we are still considering various options and are not in a position to make an official comment," a Suzuki spokesman said.
The new vehicle, to be produced in Japan and Europe and rolled out this year, will be a major global model for Suzuki, with targeted annual sales of 400,000 units.
It is the successor to its Swift car.
India's Maruti Udyog has been one of the biggest winners in the country's car boom.
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Yeah.....you know why they have an "increasing number of wealthy consumers" over there? >:( >:( >:( >:(
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Yeah there are just a few more people in China and India than in North and South America combined.
Mac
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Yeah there are just a few more people in China and India than in North and South America combined.
Mac
I may even entertain the idea of buying one on the gray market just to have it in my showroom at my garage. It's only money. :)
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I hope you don't mean a Chinese or Indian person.
:)
Mac
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Yeah.....you know why they have an "increasing number of wealthy consumers" over there? >:( >:( >:( >:(
I sure do.
Remember all the IT and engineering jobs we used to have here? And the factory jobs?
Well they ain't here any more boys!
Your next job will be in India or China. Better learn a new language and have your passport updated.
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I sure do.
Remember all the IT and engineering jobs we used to have here? And the factory jobs?
Well they ain't here any more boys!
Your next job will be in India or China. Better learn a new language and have your passport updated.
That's what I was getting at......My company has been loosing a lot of the smaller microelectronic engineering/build jobs to China this past year.
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I sure do.
Remember all the IT and engineering jobs we used to have here? And the factory jobs?
Well they ain't here any more boys!
Your next job will be in India or China. Better learn a new language and have your passport updated.
What amazes me is that the writing has been on the wall for so long in North America, and we all act like we are surprised, and don't forget those wonderful US based cigarette manufacturers who have also seen the potential in Asia, and could not careless if every American stopped smoking tommorow as the US market is miniscule in comparison.
Mac