Magyar Suzuki announces 2010 results

Country:
Hungary
Magyar Suzuki announces 2010 results

ESZTERGOM, Hungary -
MSC produced 170,031 units in 2010, which is a 5.6% decrease from the 180,166 unit production in 2009. Total sales of the company in 2010 were 172,805 units, including the sales of 1296 imported vehicles. The 2010 performance of the company resulted in a total net sales income of 1,535million EUR.

The total export sales in 2010 were 169,580 units of own-produced cars, of which 62,019 units were Swift, 54,424 units SX4/Sedici and 53,137 units Splash/Agila models.

The Hungarian passenger car market showed a further decline from 2009. In 2010 2,264 Suzuki vehicles were registered in Hungary including imported vehicles and out of MSC’s own production: 399 Splash, 739 SX4 and 849 Swift models.

The acquisition-based investment at MSC in Year 2010 was 110 million EUR. The yearly production plan for 2011 is about 170,000 units, a projection continuously monitored and adjusted to the actual market demands.

MSC produced 170,031 units in 2010, which is a 5.6% decrease from the 180,166 unit production in 2009.