Suzuki ups Hungarian output
Japanese carmaker Suzuki turned out 149,438 vehicles at its plant in Hungary in H1 of 2008, 33.3% more than in the same period a year earlier.
Magyar Suzuki sold 151.587 cars in H1, including 14,414 in Hungary - to give it a 17% market share - and 137,173 in other European countries. Total sales rose 30.4% over the same period a year earlier.
Magyar Suzuki said it is expanding in markets in Croatia, Slovakia and Romania by opening new dealerships.
Magyar Suzuki's first-half export revenue fell to Ft 289 billion from Ft 474.7 billion in the same period a year earlier.
The plant in Esztergom has produced more than 1m cars since opening in 1991. It employs 6,000 staff, but its suppliers employ tens of thousands of people. (MTI –Econews)
ADVERTISEMENT
Mapei Targets 6% Higher Revenue This Year
Parliament Negates Mandatory Membership in MOK
Number of Residential Developments in Cities Falls 9%Â
Budapest Leaders Unveil Plans to Scale Back Traffic on Thoro...
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.
