Suzuki Motor Corporation
India’s auto sector has gone into a tailspin this year as tight liquidity at shadow banks, high taxes and a weak rural economy have sapped consumers’ buying power.
Suzuki rethinks promise of India's auto market, and it is not alone
08 Nov 2019 2:03 PM

We no longer think that growth in India will be an uninterrupted move upwards, Suzuki President Toshihiro Suzuki cautioned.

Slowdown since 2Q of FY2018, owing to production decrease in Japan, in addition to slowdown in Indian automobile (is) continuing from previous year, the company said.
Suzuki Motor Corp Q2 operating profit down 32 pc as India, Japan sales slump
05 Nov 2019 2:34 PM

Net sales in the period under review stood at 847.9 billion yen as against 941.9 billion yen in the year-ago period.

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