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People Daily (Free subscription) | 11/03/2009
Suzuki Motor Corp quadrupled its annual operating profit forecast yesterday as sales soared in its main Indian market, setting it apart from other Japanese automakers that have depended heavily on the sinking US market. Suzuki, like South Korean rival Hyundai Motor Co, has been a major beneficiary of a global shift in consumer preference towards smaller cars, partly fanned by government incentives...
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Just Auto (Free subscription) | 02/25/2009
Suzuki Motor Corp has recalled close to 130,000 vans and trucks on its domestic market of Japan on fears a defect in the rear tyre system could cause the vehicles to roll over.
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Detroit Free Press (Free subscription) | 02/18/2009
Nissan's new all-electric car to be sold starting late next year will have 100 miles of pure battery range, a Nissan North America planning director said.
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Japan Times (Free subscription) | 02/17/2009
Suzuki Motor Corp. said Tuesday it will review its plans for expanding in Russia because the car market there may shrink more than 30 percent this year. The company, which planned to build a ¥14 billion Russian plant, is reviewing the entire project and plans to announce a final decision in April, Shigeru Shoji, head of the carmaker's Russian unit, said in an interview in St. Petersburg. Read the...
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Nikkei (Free subscription) | 02/13/2009
Midsize Automakers Look To Survive Looming Industry RealignmentTOKYO (Nikkei)-- Suzuki Motor Corp. (7269) Chairman and President Osamu Suzuki has become a very sought-after executive since the automotive industry downturn intensified last fall, prompting heads of domestic and foreign automakers to look for potential partners.
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1853 Chairman (Free subscription) | 02/09/2009
Nissan to slash jobs, production after forecasting $2.9bn annual loss Hans Greimel Automotive News | February 9, 2009 - 4:42 am EST TOKYO — Reversing his profit forecast to a loss, Nissan Motor Co. CEO Carlos Ghosn entered crisis mode Monday. Ghosn announced plans to slash 20,000 jobs, cut production by 20 percent, scale back new [...]
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AUTOinCAR (Free subscription) | 02/06/2009
Suzuki Motor Corp.’s WagonR minicar retained the top spot for the second straight month in Japan’s new car sales ranking for January, with 16,876 units, down 1.0 percent from a year earlier, data released by industry bodies showed Thursday. Low-priced, fuel efficient minivehicles with engine displacements of up to 660 cc accounted for half of the [...]
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Market Watch (Free subscription) | 02/05/2009
HONG KONG (MarketWatch) -- Japan's Suzuki Motor Corp. Thursday slashed its earnings forecast for the year ending March 31 by 63% in response to deteriorating global economic conditions. The company now expects full-year net income at 22 billion yen ($244 million), compared with its earlier prediction of 60 billion yen. Sales are expected to drop 6.3% to 3 trillion yen. Suzuki said it's also decided...
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Nikkei (Free subscription) | 01/28/2009
Suzuki Motor To Cut Regular Workers' Wages, 1st In 34 YearsTOKYO (Kyodo)--Suzuki Motor Corp. (7269) will cut part of regular workers' wages when it suspends car and motorcycle production at five of its domestic plants in February, the first such cut since 1975, company officials said Monday.
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Times of India (Free subscription) | 01/27/2009
Maruti Suzuki India Ltd, India's top passenger car maker, on Tuesday raised the prices of some of its vehicles by 5,000 rupees to 10,000 rupees.
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getz3551 | 01/23/2009
Financial Honda Cars India has slapped a legal notice on Maruti Suzuki India over an advertisement that compares the "fake" his new Honda City Sedan under SX4. Financial Honda Cars, a subsidiary of Honda Motor Company, has served a legal notice India's largest carmaker Maruti Suzuki, a subsidiary of Suzuki Motor Corp., marketing text argues that the SX4 Sedan is greater than the segment leader
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Nikkei (Free subscription) | 01/13/2009
Suzuki To Close 5 Domestic Plants For 3-8 Extra Days In FebTOKYO (Nikkei)--Suzuki Motor Corp. (7269) said Tuesday that it will shut down operations at five domestic factories for three to eight days in February -- separate from weekend and holiday closures -- to cut production by 29,000 units as planned.
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Vietnam Business Finance (Free subscription) | 01/10/2009
However, in the full year 2008, sales by the 16 car makers operating in the Southeast Asian country jumped 37% to a record 110,186 vehicles, the Viet Nam Automobiles Manufacturers Association said in a statement.Dealers say demand will slow significantly in 2009 after the government tripled registration fees to up to 15 percent of a car's purchase price from August last year, adding to the effects...
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GPS Tracklog (Free subscription) | 01/09/2009
MSN Direct has announced some nice improvements for 2009, including Doppler radar, flight status information and faster downloads. All services are expected to be available in the first quarter of 2009. "Smart Traffic" speed information (traffic flow as opposed to just traffic incidents) has been added to most cities with traffic coverage. There are now 94 cities with traffic coverage, up...
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Nikkei (Free subscription) | 01/08/2009
Suzuki's Wagon R Top-Seller Again In '08TOKYO (Nikkei)--The Wagon R minivehicle from Suzuki Motor Corp. (7269) remained the best-selling new vehicle for the fifth straight year in 2008, while Toyota Motor Corp.'s (7203) Prius hybrid made it into the top 10 for the first time, according to an industry ranking released Thursday.
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getz3551 | 01/23/2009
Financial Honda Cars India has slapped a legal notice on Maruti Suzuki India over an advertisement that compares the "fake" his new Honda City Sedan under SX4. Financial Honda Cars, a subsidiary of Honda Motor Company, has served a legal notice India's largest carmaker Maruti Suzuki, a subsidiary of Suzuki Motor Corp., marketing text argues that the SX4 Sedan is greater than the segment leader Honda...