Group24_SuzukiIndia

Group24_SuzukiIndia - Factiva 1 of 2

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Factiva http://global.factiva.com/hp/printsavews.aspx?ppstype=Article. .. 1 of 2 10/29/10 3:27 PM
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UPDATE: Suzuki Motorcycle India To More Than Double Production Capacity By 2012 444 words 25 August 2010 06:45 Dow Jones International News DJI English (Adds details, comments from executives) By Nikhil Gulati and Ameya Karve Of DOW JONES NEWSWIRES NEW DELHI (Dow Jones)--The Indian two-wheeler subsidiary of Japan's Suzuki Motor Corp. (7269.TO) will more than double its production capacity by 2012 and also plans to introduce three more models as it aims to tap rising demand in Asia's third-largest auto market. Suzuki Motorcycle India Pvt. Ltd. will invest INR500 million until 2012 to raise annual production to 540,000 units from the current 250,000, Katsumi Takata, the company's chairman, said at a press conference Wednesday. The company--which introduced its new 125 cubic centimeter SlingShot motorcycle Wednesday--plans to introduce a new scooter model and
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This note was uploaded on 01/11/2012 for the course EIN 4354 taught by Professor Tufecki during the Fall '08 term at University of Florida.

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