Based on preliminary data, the Hungarian affiliate of car maker Suzuki closed 2010 with HUF 428 billion (EUR 1.57 billion) in revenues, similar to 2009, business daily Napi Gazdaság said last Wednesday.
While the 170,000 cars rolling off the production line was somewhat of an increase, Suzuki finished only seventh in last year’s ranking, after leading sales for a decade and a half. It said the reason was that the new car market was mostly powered by fleet sales, which is not a strong area for Suzuki. It is starting to produce vehicles with diesel engines and will introduce a new model next year.