Maruti to outgrow Suzuki’s domestic output in 2 years

Maruti to outgrow Suzuki’s domestic output in 2 years
PTI
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First Published: Fri, Dec 21 2007. 06 03 PM IST
Updated: Fri, Dec 21 2007. 06 03 PM IST
New Delhi: As if unsatisfied by the success story of Maruti, the new chief of the Indian arm of Japanese auto giant Suzuki Motor Company’s claimed it will overtake the parent company in the next two years.
“Other than Suzuki Chairman Oasmu Suzuki, nobody had the confidence of India’s story —Maruti will overtake Japanese parent in terms of production in two years when it produces one million cars,” newly appointed Maruti Suzuki India Ltd managing director Shinzo Nakanishi told on 21 December.
“MSIL would be producing one million (ten lakh) cars but SMC in Japan will have about 8.5 lakh units by 2010”, he said.
“The Japanese market is a saturated one. SMC has a production capacity of about six lakh small cars, one lakh big cars and another 1.5 lakh cars for supplies to other companies like Nissan and Mazda,” Nakanishi added.
Asked if MSIL would be the single biggest contributor to SMC’s global sales in due course of time, he said: “As the managing director of MSIL I would like to be the number one, but other markets like Indonesia, Europe and Latin America will also be contributing in a big way.”
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First Published: Fri, Dec 21 2007. 06 03 PM IST