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Suzuki lifts outlook on strong India sales

Strong sales of compact vehicles and SUVs bolstered Maruti's operating profit

Suzuki Motor Corp


Suzuki Motor Corp sharply raised its full-year profit forecast on Thursday, driven by strong sales at home and in India, its biggest market. The maker of the Baleno compact hatchback and the Vitara Brezza compact SUV (sports utility vehicle) dominates the Indian market through its majority stake in Maruti Suzuki India, the country’s largest automaker. Sales in India, which accounts for roughly half of the carmaker’s global vehicle sales, rose 19.4 per cent to 457,000 units during its second quarter ended September. In Japan, sales increased 6.2 per cent to ...

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First Published: Fri, November 03 2017. 01:21 IST