Team Blitz India
NEW DELHI: Japanese car maker Suzuki Motor Corporation on May 13 said it will continue to expand SUV portfolio in India to recover its overall market share in the passenger vehicle segment The company, which currently has around 58 per cent stake in Maruti Suzuki India , said its net sales increased by 732.6 billion yen (15.8 per cent) year-on-year to 5,374.3 billion yen for the last financial year.
Operating profit increased by 115 billion yen (32.8 per cent) YoY to 465.6 billion yen. “We will continue to promote the expansion of our SUV models (in India) and aim to recover our total passenger car share,” Suzuki said in a statement.
