Magyar Suzuki produces 112,475 vehicles in 2020
In 2020, a total of 112,475 vehicles rolled off the production line at Magyar Suzuki Esztergom plant, with hybrid cars making up 65% of production, according to a press release sent to the Budapest Business Journal.
Magyar Suzuki started serial production of hybrid vehicles in December 2019.
A total of 111,047 cars were sold (79,879 Vitara, 31,168 SX4 S-CROSS), while 87% of the models produced in Hungary - 96,441 units - were sold for export to 123 countries around the world.
Due to the six-week shutdown caused by the virus outbreak and restrictive measures, production fell by approximately 30% in 2020 compared to the previous year.
The company's net revenue from domestic sales in 2020 was EUR 242.8 million and net revenue from export sales was EUR 1.414 billion.
The company plans to assemble some 143,000 vehicles in Esztergom this year and expects production to return to pre-pandemic levels by 2022.
Magyar Suzuki retains market-leading role
Magyar Suzuki managed to maintain its market leadership in Hungary in 2020 for the fifth time in a row, with a market share of 11.55%. The Vitara was again the most popular new car model in Hungary, with 6,882 sales registered last year. The SX4 S-CROSS took second place in the Top 3 models of the overall passenger car market, with 5,578 cars sold. The two crowd-favorite domestic Suzuki models have also won industry accolades: the SX4 S-CROSS won the first prize in the 2020 Hungarian Car of the Year competition, while the Vitara took silver.
Suzuki has strengthened its position in the motorcycle and marine markets as well. Magyar Suzuki has sold a total of 34,346 motorcycles and 6,647 marine engines on the domestic and foreign markets since 2005.
The company sold a total of 644 marine engines in Hungary, and exported 1,893 units to Estonia, Latvia, Lithuania, Belarus, the Czech Republic, Slovakia, Romania, Serbia, Montenegro, Bulgaria and Albania last year.
Magyar Suzuki's motorcycle business is the largest distributor in Europe within the Suzuki Group with the largest market share for the sixth consecutive year. The company sold 479 motorcycles in Hungary last year. The V-Strom 650 adventure motorcycle was the second most popular motorcycle in Hungary, with 163 registered sales.
In line with global market trends, the Suzuki Group aims to make its plants and products carbon neutral by 2050, with the parent company leaving the implementation of the plan to its subsidiaries. At Magyar Suzuki, the internal program "Greener Plant, Greener Cars" has been launched to tailor the Magyar Suzuki company's internal program to identify and incorporate CO2 emission reduction technologies into the production process and cars at each plant unit.
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