Mexican Media Brands
Suzuki Readies New Models for Emerging Markets
Suzuki Motor Corp. plans to introduce 30 new minivehicle, A- and B-segment models in the next three years to boost sales in emerging markets, The Nikkei reports.
#economics
Share
Suzuki Motor Corp. plans to introduce 30 new minivehicle, A- and B-segment models in the next three years to boost sales in emerging markets, The Nikkei reports.
The flood of new vehicles will represent 50% more models than Suzuki introduced in the previous five years, according to the newspaper. It says the carmaker's strategy will be to reduce production costs by using common platforms and a high proportion of shared components.
The vehicles also will be powered by a new family of more efficient engines, The Nikkei adds.
The newspaper says Suzuki plans to introduce 14 of the new models in India, where it controls about 40% of the market, by 2017. The company aims to eventually export vehicles from India to Latin America and southeast Asia.
RELATED CONTENT
-
Enterprise Edges into Self-Driving Car Market
U.S. rental car giant Enterprise Holdings Inc. is the latest company to venture into the world of self-driving vehicles.
-
China and U.S. OEMs
When Ford announced its 3rd quarter earning on October 24, the official announcement said, in part, “Company revenue was up 3 percent year over year, with net income and company adjusted EBIT both down year over year, primarily driven by continued challenges in China.” The previous day, perhaps as a preemptive move to answer the question “If things are going poorly in China, what are you doing about it?, Ford announced that it was establishing Ford China as a stand-alone business unit.
-
On Quantum Navigation, EVs, Auto Industry Sales and more
Sandia’s quantum navi, three things about EVs, transporting iron ore in an EV during the winter, going underwater in an EV (OK, it is a sub), state of the UK auto industry (sad), why the Big Three likes Big Vehicles, and the future of logistics.