Hungarian Suzuki revenue climbs almost 12% in 2013
Japanese carmaker Suzuki's Hungarian unit generated revenue of €1.567 bln last year, up 11.6% from 2012, Magyar Suzuki told MTI on Wednesday.
Magyar Suzuki's plant in Esztergom produced out 161,106 vehicles last year, 3.2% more than a year earlier, Viktória Ruska, the communications director, said. The number included 48,163 Swift models, 42,161 SX4 S-Cross models, 37,788 SX4 models and 32,994 Splash models.
Suzuki sold 153,748 cars abroad of the ones produced at the plant. Sales in Hungary were up 15.2% at 4,007 vehicles. Magyar Suzuki invested €155.7 mln at its plant in 2013.
This year, the unit has aimed to reach the production of 154,000 vehicles, depending on demand. It will start preparing for the production of the iV-4 model at the end of the year. The model will roll off the line early in 2015.
SUPPORT THE BUDAPEST BUSINESS JOURNAL
Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.