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Suzuki lifts outlook on strong India sales

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

(From left to right) C V Raman, Executive Director, Engineering, R S Kalsi, Executive Director, Sales and Marketing and Kenichi Ayukawa, MD & CEO, Maruti Suzuki at the launch of Vitara Brezza in Mumbai
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(From left to right) C V Raman, Executive Director, Engineering, R S Kalsi, Executive Director, Sales and Marketing and Kenichi Ayukawa, MD & CEO, Maruti Suzuki at the launch of Vitara Brezza in Mumbai

Reuters
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 160,000 units. Suzuki said it now expected full-year operating profit of 300 billion

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