Suzuki’s
overseas vehicle output will increase 5.1 percent to 930,000 this fiscal year
while 891,000 units, up 4.3 percent, are made in Japan.
Total production around the world is targeted at 1.82 million units, up 4.7
percent.
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Only about half will carry Suzuki badging, however. While Suzuki expects to
sell 5.4 percent more vehicles under its own brand, a total of 922,000, many
more will be sold as General Motors, Mazda, Nissan and Subaru products.
Suzuki has long supplied minicars to Mazda for sale in Japan and 3,000 more
units will soon be built a month for Nissan. Suzuki will also build a small
Chevrolet for Asia-Pacific markets and also supplies GM with its small Vitara
SUV (for sale as the Chevrolet Tracker). Mazda also buys a Tracker derivative
while a four-wheel drive version of Suzuki’s ancient Swift hatchback goes
to European Subaru distributors.
Suzuki plans to increase capital expenditure by 8.6 percent this fiscal year
to 83 billion yen (US$677 million).
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