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India

Suzuki Motor Corp (7269.T)

7269.T on Tokyo Stock Exchange

3,917JPY
7 Aug 2020
Change (% chg)

¥-40 (-1.01%)
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¥3,957
Open
¥3,960
Day's High
¥3,991
Day's Low
¥3,890
Volume
1,364,100
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2,227,007
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¥5,378
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¥2,438

Latest Key Developments (Source: Significant Developments)

Suzuki resumes two-shift production at its Hungarian plant on Monday
Monday, 13 Jul 2020 

July 13 (Reuters) - Suzuki Motor Corp. 7269.T says in a reply to Reuters questions::SUZUKI MOTOR CORP SAYS HAS RESUMED TWO-SHIFT PRODUCTION AT ITS HUNGARIAN PLANT ON MONDAY.IN MAY-JUNE COMPANY PRODUCED ABOUT 350 CARS PER DAY AT ITS PLANT IN ESZTERGOM IN SINGLE SHIFT.PLANS TO MAKE AVERAGE 700 CARS PER DAY IN TWO SHIFTS FROM JULY 13.SUZUKI SAYS FULFILLING EARLIER ORDERS NOW, BUT ALSO RECEIVING NEW ORDERS.SUZUKI MADE 180,000 CARS AT HUNGARIAN PLANT LAST YEAR.EXPECTS ITS OUTPUT THIS YEAR TO BE 20% BELOW ORIGINAL PLANS.SAYS PRODUCTION TARGETS CHANGING CONTINUOUSLY DEPENDING ON MARKET CONDITIONS AND ORDERS .SUZUKI EMPLOYS CLOSE TO 3,000 PEOPLE IN HUNGARY.SEES UNCERTAINTY FACTORS PREVAILING DUE TO CORONAVIRUS PANDEMIC.EXPECTS RECOVERY IN THE ECONOMY AND CAR SECTOR TO BE FASTER AFTER CURRENT PANDEMIC THAN IT WAS AFTER 2008 FINANCIAL CRISIS.  Full Article

Suzuki Motor Sees 80 Billion Yen Extraordinary Loss For Jan-Mar Quarter
Friday, 12 Apr 2019 

April 12 (Reuters) - Suzuki Motor Corp <7269.T>::SEES 80 BILLION YEN EXTRAORDINARY LOSS FOR JAN-MAR QUARTER.EXTRAORDINARY LOSS IS DUE TO RECALLS RELATED TO IMPROPER VEHICLE INSPECTIONS.WILL REVISE FULL-YEAR CONSOLIDATED FORECASTS IF NEEDED.  Full Article

Chongqing Changan Automobile To Buy 50 Percent Stake In JV From Japan's Suzuki
Tuesday, 4 Sep 2018 

Sept 4 (Reuters) - Chongqing Changan Automobile Co Ltd <000625.SZ>::SAYS IT AGREES TO BUY 50 PERCENT STAKE IN JV IT FORMED WITH JAPAN'S SUZUKI MOTOR CORP <<<7269.T>>>.  Full Article

R&I affirms Suzuki Motor's rating at "A" and says stable outlook-R&I
Monday, 3 Sep 2018 

Sept 3 (Reuters) - Suzuki Motor Corp <7269.T>:Rating and Investment Information, Inc. (R&I) affirmed the company's rating at "A"-R&I.Rating outlook stable-R&I .  Full Article

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Suzuki first-quarter profit nearly wiped out as coronavirus hits India sales

TOKYO Suzuki Motor Corp on Monday saw its operating profit nearly wiped out during the first quarter because of plunging car demand in India, its biggest market which has one of the world's highest novel coronavirus infection rates.