Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling Back
Suzuki Motor Corporation is a Japanese multinational corporation headquartered in Minami-ku, Hamamatsu, Japan. Suzuki manufactures automobiles, motorcycles, all-terrain vehicles, outboard marine engines, wheelchairs and a variety of other small internal combustion engines.
Reducing Activities: company scaling back some business operations while continuing others
Stay Scaling BackInitially stopped car export to Russia. Japanese Suzuki will remain on the markets of Russia, Belarus and Kazakhstan. This was stated by Iryna Zelentsova, the operations director of Suzuki Motor Rus LLC, during the brand's recent dealer conference. According to the top manager, the preservation of the Suzuki brand in the markets of these countries will be the key philosophy of its development, but for this the company will have to make certain adaptations and build a basis for development. What exactly is meant by "adaptation" is not yet known. Significantly reduced revenue in 2023 vs 2022. In Russia, sales of Suzuki Swift resumed at a price from 1.95 million rubles. The new Suzuki Swift hatchback of the fifth generation is now possible to buy on the Russian market. The car is supplied within the parallel market.