A three-year factory modernization program has been successfully concluded at Magyar Suzuki Corporation. Modernization was becoming timely for the plant, which has been in operation for 25 years, so that the Esztergom facility could fulfill the requirements of an increasingly diversified production and export to 128 countries without compromise, said the newly appointed Managing Director of Magyar Suzuki Corporation, Mr Yoshinobu Abe, at his first press conference in Hungary.
Merkantil Bank Zrt and Magyar Suzuki Corporation have signed a 7-year agreement to provide car purchase financing for customers. Under the agreement, Merkantil Bank will provide financing plans on highly advantageous conditions for customers buying Suzuki vehicles in a program, brand-named “Suzuki Finanszírozás” (Suzuki Financing).
Yoshinobu Abe has been appointed to the position of Managing Director at Magyar Suzuki Corporation (MSC). The former MD, Naoyuki Takeuchi, has been promoted within the parent company, Suzuki Motor Corporation.
In a ceremony today, Executive General Manager of Magyar Suzuki Corporation Róbert Krisztián, also a member of MSC’s board of directors and CEO of Rail Cargo Hungaria Ltd. and chairman of its board of directors Imre Kovács sent off the 4,000th block train carrying Suzuki cars manufactured in Esztergom for exports. Launched on the 25th anniversary of the departure of the first Suzuki train, the 20 special wagons now carry 200 Suzuki vehicles to Zeebrugge, Belgium, and from there, the cars will continue their journey to several countries across the globe.
Suzuki held a Road and Traffic Safety Day on the main square of the city co-organized by the National Police, the Fire Department of Esztergom and other organizations, on Friday. The event raised awareness of safe car and bicycle traffic as well as fire prevention with spectacular presentations, films and lectures.
Suzuki’s entire model portfolio was on display next to Miskolc at Szabó Suzuki’s impressive new showroom, on the official opening day last Friday. In the increasingly expanding network of brand dealers, Szabó Suzuki in Miskolc is the third unit to open in Hungary this year.
Suzuki Motor Corporation made two major announcements today, at the 2016 Paris Motor Show. One was the European premiere of the new IGNIS compact crossover, which aims to deliver a stylish exterior design combined with versatile functionality. The other was the announcement of Suzukis new direction for its ALLGRIP four-wheel drive technology.
With the new Ignis joining its line-up of four-wheel drive vehicles, Suzuki carefully reflected on its years of success in developing four-wheel drive technologies and decided to group them together under the ALLGRIP name to bring their value to a broader audience.
Suzuki Motor Corporation is proud to exhibit the new SX4 S-CROSS facelift model, which blends hatchback design with SUV taste, at this years Paris Motor Show. As the successor to the SX4, which went on sale in 2006, the SX4 S-CROSS takes design, utility, drivability, and environmental performance to whole new levels.
The new Ignis is a compact crossover designed to offer a stylish exterior along with versatile functionality that is convenient and easy to use. Its new styling features strong presence that skillfully blends a fresh new look with elements that remain true to its Suzuki heritage.
Following the improper conduct in the course of fuel efficiency and exhaust emission tests, the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) was to conduct verification such as measuring performance of some of the models.
Suzuki Motor Corporation’s subsidiary Maruti Suzuki India has entered into Light Commercial Vehicle (LCV) segment for the first time in its history. Today, Maruti Suzuki announced production and launch of its first-ever LCV, SUPER CARRY compact truck. Initially, sales of the vehicle will be limited in three cities (Ludhiana, Ahmedabad, and Kolkata). Sales area will be expanded gradually.
From now on, a brand-new Suzuki Vitara will support the work of the Fire Department of Esztergom. Firefighters will use the car as a fire service vehicle to reach scenes of particular damage. Today, executive general manager of Magyar Suzuki Corporation Róbert Krisztián handed over the car keys to fire-fighter colonel László Németi, head of the Disaster Management Directorate of Komárom-Esztergom County.
From now on, Sándor Service, operating since 35 years in Kisújszállás in Jász-Nagykun-Szolnok County, will be a Suzuki dealership and service as well. During the opening weekend of Suzuki Sándor, anyone could try the brand’s complete Hungarian line-up including the Baleno, the newest promising model of Suzuki.
Magyar Suzuki Corporation achieved EUR 1,976 million in sales revenues in 2015, up 28% from the year before, the company told journalists at a press conference celebrating the 25th anniversary of its foundation. Sales of own-production cars rose from 150,578 in 2014 to 181,115 in 2015. Suzuki expects further sales growth.
Magyar Suzuki Corp. began the second quarter by introducing its own casco insurance. Suzuki Casco was created exclusively for Suzuki car owners. The insurance product, providing uniquely favourable conditions, can only be bought at authorised Suzuki dealerships. The insurance partner of Suzuki Casco is Allianz Hungária Kft.
Further to the instruction from the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) regarding investigation of the actual emissions and fuel efficiency tests, Suzuki reported the result of investigation to the ministry today.
An exhibition on new and veteran road vehicles, air and watercrafts will be held in Esztergom at the weekend with the title of “Then and Now”. Visitors can see several special vehicles along Kis-Duna-Sétány, such as ancient, horse-drawn vehicles, veteran motorcycles, Ernő Rubik’s aeroplane which still works today, an Indonesian boat carved of wood, Mátyás Rákosi’s luxury boat and Formula 1 power boats.
Suzuki Motor Corporation’s compact car Swift, which was launched as a world strategic model in November 2004, has reached cumulative worldwide sales of five million units in early April 2016 (eleven years and five months since the start of sales in 2004).
Magyar Suzuki sold 2,247 cars in Q1 2016 and leads the Hungarian new car market with a 11.41 % share. The engine of the performance is the new Vitara, of which 1,660 were sold in the January-March period. With a 27.63 % share, the Vitara is the absolute winner of the SUV segment.
- Focus on new Mid-Term Management Plan SUZUKI NEXT 100
- New Baleno – ready for European market launch
- New fuel-efficient technologies: new-generation platform, BOOSTERJET engine and SHVS mild hybrid system
The new Suzuki dealership opened in the Western corner of the Balaton region is the seventy-sixth in Hungary. Suzuki Keszthely is operated by the Gadácsi Group, a company with twenty years of experience in car sale and servicing.
Suzuki’s DF200AP outboard motor came second among this year’s novelties on Thursday at the Budapest Boat Show. Magyar Suzuki Corporation’s marine business grew significantly in 2014 and 2015, selling more outboard motors in Hungary than the four brands that came after it taken together.
After celebrating its world premiere at the last Frankfurt Motor Show, Suzuki is pleased to announce the market launch of the New Baleno in Europe. The Baleno features a harmonious combination of style, packaging, performance and fuel efficiency.
Suzuki’s share of the Hungarian market grew to over 12 % in the first month of 2016, making the brand the leader of the local market. The Vitara continues to be highly popular among customers, with the Swift as well as the S-CROSS also continuing to perform well, and the Celerio growing in popularity too.
Selling 7,500 cars in Hungary, Suzuki increased its share of the country’s passenger car market to nearly 10 % in 2015. The good performance can primarily be attributed to the spectacular popularity of the Vitara, and to growing fleet sales.
Within the framework of the partnership between the police and Magyar Suzuki Corporation looking back on a history of many years, a new Suzuki Vitara has been added to the Esztergom law enforcement’s fleet. The brand new SUV provided by MSC went on a test drive immediately after the local police received it.
Suzuki sales continued to grow in October. A total of 1,033 new Suzukis were registered in October, and as many as 6,082 in January–October. Suzuki had 12.61 % of the Hungarian passenger car market in the tenth month of the year.
Suzuki Motor Corporation has added eight reference exhibits (four automobiles and four motorcycles) to its booth at the 44th Tokyo Motor Show 2015 (organized by the Japan Automobile Manufacturers Association). Suzuki has also announced technology exhibits.
Magyar Suzuki Corporation organized a conference on kindergarten education in Esztergom on 9th October. The topics discussed in the roundtable session after the presentations included a special anti-aggression method, whose purpose is to teach children how to protect themselves from aggression and abuse already at this early age. The morning session also provided an opportunity to share theoretical knowledge and practice in a visit by children from Budapest to Esztergom’s Angyalkert Kindergarten.
Suzuki Motor Corporation has announced its exhibits for the 44th Tokyo Motor Show 2015 (organized by the Japan Automobile Manufacturers Association), which will be open to the public from 30 October to 8 November.
Since the new Vitara’s launch in March, Suzuki vehicle sales in Hungary have shown a trend of increase due to the model’s success. That has also helped the brand to regain the No. 1 position in the Hungarian vehicle market. Registration figures for Suzuki rose to 928 units, while total number of units sold in the Jan-Sept period reached 5,049. Suzuki’s market share grew to 14.8 % in September.
When Suzuki set out to create a hatchback like none before, it first established a key guideline—hold back on nothing. The result is the Suzuki Baleno, a harmonious combination of styling that flows, superb performance achieved through ground-breaking technologies, and smart packaging.
Suzuki’s 14th Hungarian motorcycle dealership has opened in Törökbálint. The owner of the new dealership, Suzuki Harmati, is superbike racing legend Árpád Harmati. Magyar Suzuki Corporation expects further growth of Hungary’s motorcycle market.
Launched in March this year, Magyar Suzuki Corporation’s new model, the Vitara has been awarded the prestigious Hungarian Quality Product Award®, and has also won the Excellence in Innovation Award in the same contest. The 18th Hungarian Quality Product Award ceremony was held in the Parliament in Budapest, where Magyar Suzuki was represented by CEO Naoyuki Takeuchi and deputy CEO Dr. László Urbán.
Suzuki Motor Corporation’s subsidiary, Suzuki (Myamar) Motor Co., Ltd. (SMMC), has today announced start of production of three-row seven-seater MPV Ertiga. It will be on sale from the end of July at Suzuki dealers in Myanmar.
Suzuki vehicle sales in Hungary shot up to an outstanding figure for July 2015 due to the success of Vitara sales as well as a winter tire campaign for the S-CROSS. Registration figures for Suzuki resulted in 472 private sales and 268 unit fleet sales totalling 740 units sold in July, while the total number of units sold in the Jan-July period reached 3,609, out of which, 1,988 units were private sales and 1,621 were fleet registration. Suzuki’s market share was 10.55 % in July.
Decreased income for the first time in six fiscal years, despite recovering the net sales to ¥3.0 trillion.
Year-end dividends up by ¥3.00 per share with the dividend payout ratio of approximately 15%.
Related to the city in innumerable ways, Magyar Suzuki Corporation (MSC) was one of the sponsors of the Health Day held in Esztergom today. “Esztergom is home to many of our employees, and we take every opportunity to do something for the city,” said Viktória Ruska, MSC’s Head of Communication. “The Health Day is an event that contributes to enabling the city’s inhabitants to preserve their health,” she added.
Suzuki Motor Corporation has developed a lightweight and compact 2-cylinder 0.8L E08A diesel engine for compact cars. This engine will be installed on the Celerio, a compact car produced and distributed in India, for launch in India.
- The General Assembly of the shareholders has decided to carry out a EUR 156 million equity decrease with compensation at Magyar Suzuki Corporation. This means that the company’s shareholders equity will be decreased by 30 %.
- In no way will the move have any impact on Suzuki’s production in Hungary; Magyar Suzuki will remain highly over-capitalized, and the company intends to utilize the currently dormant capital more efficiently.
- Suzuki Motor Corporation is a global company producing over 3 million cars yearly worldwide having several big development projects, and this fund will be used elsewhere at other projects.
Suzuki Motor Corporation has held an opening ceremony of the new automobile assembly plant (Cikarang Plant) on 29 May, 2015, which was completed within the Greenland International Industrial Center (GIIC) located in Bekasi Regency, east of Jakarta, by PT. Suzuki Indomobil Motor (SIM), Suzuki’s subsidiary in Indonesia.
With EUR 19.1 million earnings before taxes and EUR 1457.7 million total sales income, Magyar Suzuki Corporation’s (MSC) Annual General Shareholders Meeting approved the company’s 2014 financial report. Although the number of units produced fell, thanks to changes in the model portfolio the sales turnover practically remained unchanged. Domestic sales grew by 16 %.
- New Vitara is the first compact SUV to earn a five star overall rating from 2015 Euro NCAP testing programme
- High scores in all areas of assessment put the Vitara among the safest cars in its class
- Total Effective Control Technology and extensive use of high-tensile steel ensures light body weight and high crashworthiness
More than 100 volunteers participated last Saturday in the trash collection campaign organized jointly by the runners’ organization Esztergomi Futóművek, the Esztergom City Council and Magyar Suzuki Corporation to clean one of the local people’s favorite recreation facility, the “bike path”.
As of today, Naoyuki Takeuchi has been appointed Chief Executive Officer at Magyar Suzuki Corporation. Returning to his original field of expertise, Ryoichi Oura will be in charge of production as the top executive of that area.
The Ferenc Puskás Football Academy and Magyar Suzuki Corporation will hold the 8th Puskás-Suzuki Cup U17 football tournament in Felcsút from 2nd to 6th April. Magyar Suzuki has sponsored the competition since its first edition in 2008. For the first time in the tournament’s history, all matches will be held at the Ferenc Puskás Football Academy.
At the 85th Geneva Motor Show, Suzuki Motor Corporation unveils two world-premiere concept models, the iK-2 and the iM-4. New environmental technologies from Suzuki featured in the two models will also be introduced, these are a new-generation platform; the BOOSTERJET, a new downsized direct-injection turbo petrol engine; and the SHVS mild hybrid system.
Drivers who won winter tire sets in Magyar Suzuki Corporation and Komárom-Esztergom County Police’s quiz ”Ready for Winter?” received their prizes at a ceremony held Thursday at Suzuki Világ dealership in Esztergom-Kertváros.
Esztergom residents and people just driving by can have their cars checked free of charge at three locations to see whether they meet requirements for driving in winter. Police’s road traffic experts will also call drivers’ attention to problems that would carry a fine in roadside checks. Launched jointly by Suzuki and the Komárom-Esztergom County Police, the campaign aims to improve road traffic safety in the region.
Health care services provided by Esztergom’s Vaszary Kolos Hospital will, from now on, be helped by a Suzuki automobile. The key of the brand new, 1.6-liter, petrol-fuelled SX4 S-CROSS was presented by Magyar Suzuki Corporation’s deputy CEO Dr. László Urbán, to president-head surgeon of the Hospital, Dr. Gábor Kanász.
Global sales of Suzuki automobiles from January to August 2014 were up 106% year-on-year to 1.89 million units. Here in Europe, sales from January to August were up 105% year-on-year to 133 thousand units. Sales volume also increased in most countries across Asia.
Ever since its market launch in 1988, the Suzuki Vitara series has earned acclaim for stylish, city-oriented designs, compact, easy-to-manage dimensions, comfortable on-road performance, and genuine off-road capability. The series has evolved through changes in body size and powertrain. Now, more than a quarter-century after the original model’s debut, the Vitara heritage is embodied in a fresh sport-utility-vehicle incarnation. The all-new Vitara has smaller dimensions to meet contemporary needs. It incorporates Suzuki’s cutting-edge ALLGRIP four-wheel-drive system and advanced safety and connectivity equipment. And it enables owners to express themselves by personalising its design.
Suzuki Motor Corporation expresses heartfelt sympathy to those affected by the flooding, which occurred in the beginning of September 2014 in the Kashmir region, located in the northern part of India and Pakistan.
PT. Suzuki Indomobil Motor (SIM), an Indonesian subsidiary of the Suzuki Motor Corporation, has unveiled the Karimun WagonR GS, a new variant of the compact car Karimun WagonR at the 22nd Indonesia International Motor Show, which is being held in Jakarta from 18 September, 2014*. SIM is exhibiting automobiles including reference exhibits and production models.
Suzuki Motor Corporation’s compact car Swift, which was launched as a world strategic model in 2004, has reached cumulative worldwide sales of four million units in August 2014 (nine years and nine months since the start of sales in 2004).
The SX4 S-CROSS has been awarded with the prestigious ‘Hungarian Quality Product’ certificate, and also received the Business Press Award donated by the Association of Hungarian Journalists (MÚOSZ). After the Splash and the 3rd generation Swift, it is the third Magyar Suzuki-produced model to have merited the prestigious award. The certificate is awarded in recognition of such driving forces of competitiveness as know-how, innovation and quality. The 17th Hungarian Quality Product Award® ceremony (2014) was held in the Parliament in Budapest.
Suzuki Motor Corporation has achieved accumulated global production of three million units for the outboard motors it produces. Suzuki reached this milestone in 49 years after it started producing outboard motors in 1965. To commemorate this achievement, Suzuki has held a ceremony today at its Toyokawa Plant in Aichi Prefecture, Japan. The ceremony was attended by Executive Vice President Toshihiro Suzuki, along with the employees.
Magyar Suzuki reached another major milestone as the 2.5 millionth car rolled off the production line on 9 July, 2014 in Esztergom. The 3rd generation 1.2-liter white Swift will surely run on Hungarian roads.
Great S-Cross Challenge a major success
Nearly 100 drivers contested on Saturday for Suzuki’s newest family crossover at Budapest’s Millenary Park. György Kántor won the contest, completing the race course almost 7 seconds ahead of his competitors.
After three new brand dealerships launched in Hungary last year, Suzuki has now opened a new dealership—this time in Esztergom. Suzuki aims to increase sales to private customers, and also to boost fleet sales with the S-CROSS. The new dealership, Suzuki Világ is meant to serve customers in the Komárom-Esztergom region.
Following Magyar Suzuki Corporation’s (MSC) Annual General Meeting, the company has published its key figures for 2013. Due to the success of the SX4 S-Cross, in 2013 MSC topped its performance of the year before.
Present Chief Executive Officer leaves Magyar Suzuki Corporation (MSC) handing over the leading position to Mr. Ryoichi Oura. Hisashi Takeuchi has been promoted to a new position in the Product Planning Department at the parent company, Suzuki Motor Corporation (SMC). The changes have been announced by Suzuki Motor Corporation; Mr. Ryoichi Oura will officially take over the CEO position after the Shareholders’ Meeting of MSC, at the end of May.
The final of this year’s Puskás–Suzuki Cup, founded by Magyar Suzuki Corp. and the Ferenc Puskás Football Academy in 2008, was the first official match held at the freshly completed Pancho Arena in Felcsút.
With Magyar Suzuki Corporation’s sponsorship, the Puskás Academy will hold the 7th PUSKÁS–SUZUKI-CUP U17 football tournament in Felcsút. Magyar Suzuki has sponsored the annual competition since its first edition in 2008.
Magyar Suzuki Corporation has offered another car in support of the training of car industry secondary vocational school students. The partnership of Magyar Suzuki Corporation and Vác-based Endre Király Industrial Secondary Vocational School and Boarding School looks back on a history of more than 15 years now. Donated by Magyar Suzuki, the training cars help the theoretical and practical training of car technicians, car mechanics and body ironers.
Suzuki Motor Corporation’s subsidiary in Thailand, Suzuki Motor (Thailand) Co., Ltd. (SMT) has exhibited new compact car CELERIO at the 35th Bangkok International Motor Show, which is being held from 25 March, 2014*.