Suzuki sales revenue climbs 28% last year

Automotive

The Hungarian unit of Japanʼs Suzuki had €1.97 bln in sales revenue last year, up 28% compared to 2014, operative director Róbert Krisztián said yesterday, according to Hungarian news agency MTI.

Export sales reached €1.85 bln in 2015, Krisztián added. 

Last year, the Hungarian unit of Suzuki sold 181,115 cars that it had produced itself, up 20% from 2014. Out of these cars, 7,500 were sold in Hungary, giving Suzuki a market share of 9.72%, according to the company. 

Suzuki wants to sell 9,000 cars in Hungary this year and boost its market share to 10%, the press release said. Based on the data of the first five months of the year, sales are growing, as they have already reached 4,192 cars. The company has 76 brand dealers in Hungary. 

Suzuki said it aims to manufacturer more than 200,000 cars this year at its plant in Esztergom.

ADVERTISEMENT

Varga puts 2021 GDP growth at 7-7.5% Analysis

Varga puts 2021 GDP growth at 7-7.5%

Opposition parties to begin PM candidate primaries Elections

Opposition parties to begin PM candidate primaries

New managing director at the helm of Wolt Hungary Appointments

New managing director at the helm of Wolt Hungary

Budapest bike-sharing scheme boasts record ridership City

Budapest bike-sharing scheme boasts record ridership

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.