Suzuki Motor Corporation is showcasing its Ertiga Dreza at the 2016 Indonesia International Auto Show being held from August 11 to 21 in Jakarta. The Ertiga Dreza is the high-end grade of the Ertiga, a compact seven-seater minivan for emerging markets.
Suzuki announced that it has sold all stock the company held in Fuji Heavy Industries (Subaru) back to Fuji Heavy Industries. After tying up capital with General Motors (GM), Suzuki, in order to expand the company’s associated enterprises, shared stocks and held onto them until present.
On August 1, Suzuki's India subsidiary Maruti Suzuki released its July sales figures. Total sales including exports were 137,116 units, which represents 12.7% year-on-year growth and marks the first growth in 2 months. Suzuki holds the top share in the India market.
Suzuki managing director Masahiko Nagao stated at the company’s financial statement announcement held on 3 August that “we can expect to see about 7% growth” over the course of FY 2016 in the Indian automotive market.
Maruti Suzuki, subsidiary of Suzuki Motor Corp. and purveyor of the largest share of the Indian passenger vehicle market, announced that in mid-July the company had reached their one hundred thousandth sale for the company's midsize sedan, the Ciaz.
Suzuki Motor Corporation announced its results of automobile production, domestic sales and exports for the first half (January to June) of 2016. According to these results, global production fell for the first time in three years, declining 7.6% year on year, to 1,438,846 units.
On July 27, Suzuki India subsidiary Maruti Suzuki announced that it would begin production and sales of the Super Carry compact truck. It will be its first entry into the Indian compact commercial vehicle segment.
On 21 July, due to a problem with external door handles on the company’s Ignis, Suzuki notified the Japanese Ministry of Land, Infrastructure, Transport, and Tourism that they would be conducting a recall of these vehicles.
On July 7, Suzuki's China representatives published the company's China new car sales figures. Total sales were 11,471 units, which represents 14.7% year-on-year decline and marks the 6th consecutive month of decline.
On July 1, Suzuki India subsidiary Maruti Suzuki reported the company's India new car sales for June. Total sales include exports were 98,840 units. This represents 13.9% year-on-year decline and marks the first decline in 4 months.
Former Suzuki CEO Seiichi Inagawa passed away on June 28 at the age of 90. Inagawa joined Suzuki Loom Works (now Suzuki) in 1945. He served as engineering division head until 1973, when he became company director. He served as managing director for a number of jobs and then from 1987 to 1993 was company president.