
Suzuki floats new subsidiary in India to strengthen R&D
The new company, wholly owned by Suzuki Japan, aims to strengthen R&D competitiveness, capabilities in new technologies, not only for India but for global markets as well
The new company, wholly owned by Suzuki Japan, aims to strengthen R&D competitiveness, capabilities in new technologies, not only for India but for global markets as well
The new mid-term management plan unveiled by Suzuki may roughly translate to sales of 1.9 million units in India by 2025-26. R.C. Bhargava, chairman of Maruti Suzuki India, says it's a cakewalk.
The Japanese carmaker plans to launch its first electric vehicle in India by 2020 in cooperation with Toyota Motor Corporation.
Hero MotoCorp holds a little over 50% of the motorcycle market, but in the next five years the combined share of Honda, Suzuki and Yamaha is expected to outgrow that.
Hero MotoCorp holds a little over 50% of the motorcycle market, but in the next five years the combined share of Honda, Suzuki and Yamaha is expected to outgrow that.