magyarsuzuki - Diplomacy & Trade https://dteurope.com Monthly in print | Daily on the web Fri, 24 Jul 2026 15:27:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://dteurope.com/wp-content/uploads/cropped-dt_favicon-32x32.png magyarsuzuki - Diplomacy & Trade https://dteurope.com 32 32 Suzuki Set to Invest HUF 76 Bn in Esztergom https://dteurope.com/business/suzuki-set-to-invest-huf-76-bn-in-esztergom/ Fri, 24 Jul 2026 14:17:00 +0000 https://dteurope.com/?p=80929 Japanese car maker Suzuki is set to invest HUF 76 billion into manufacturing of electric vehicles and battery packs at its base in Esztergom, the Hungarian Minister for Economy and Energy István Kapitány said in a social media post on Friday. The minister noted that, along with Prime Minister Péter Magyar, he met Toshihiro Suzuki, […]

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]]> Magyar Suzuki Had a Balanced Year in 2025 https://dteurope.com/automobile/magyar-suzuki-had-a-balanced-year-in-2025/ Thu, 28 May 2026 10:18:00 +0000 https://dteurope.com/?p=79955 Magyar Suzuki Plc. has had a balanced, stable year, successfully maintaining its position in the Hungarian automotive market in 2025, Fumito Sakai, CEO of Magyar Suzuki Plc., said in his assessment of the past year at a press conference in Budapest on Thursday. Last year, the company's Esztergom plant produced 108,072 cars, and the company […]

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]]> New Managing Director at Magyar Suzuki https://dteurope.com/business/new-managing-director-at-magyar-suzuki/ Wed, 11 Feb 2026 09:51:00 +0000 https://dteurope.com/?p=77992 Fumito Sakai will assume the role of Managing Director of Magyar Suzuki Corporation effective March 1, 2026. He succeeds Masato Atsumi, who led the Esztergom-based automotive manufacturer for nearly five years and will now continue his career in Japan, Magyar Suzuki says in a statement issued this Wednesday. Fumito Sakai joined the Suzuki Group in […]

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]]> Suzuki Leads Hungary Passenger Car Market https://dteurope.com/automobile/suzuki-leads-hungary-passenger-car-market/ Mon, 05 Jan 2026 15:53:00 +0000 https://dteurope.com/?p=77387 Suzuki retained its leading position on Hungary's passenger car market in 2025, Magyar Suzuki said on Monday. Datahouse statistics show over 14,200 new Suzuki passenger cars were registered in Hungary in 2025, giving the brand 11.04pc market share. Suzuki took the top spot for the 22nd time since it started production of cars in Esztergom […]

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]]> Suzuki Implements Major Developments in Esztergom https://dteurope.com/business/suzuki-implements-major-developments-in-esztergom/ Tue, 29 Jul 2025 11:52:28 +0000 https://dteurope.com/?p=74519 Plant modernization, increased efficiency, the full utilization of existing capacity, flexible adaptation to future demands and the achievement of carbon-neutral operations are at the center of the plant developments that were inaugurated at Magyar Suzuki Plc.’s Esztergom site. The latest project of the Japanese company, which regularly reinvests in Hungary, is valued at nearly EUR […]

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]]> Magyar Suzuki Has Stabilized Its Operations https://dteurope.com/business/magyar-suzuki-has-stabilized-its-operations/ Thu, 12 Jun 2025 14:18:00 +0000 https://dteurope.com/?p=74060 Magyar Suzuki Plc. stabilized its operations despite declining sales revenue, with the decline attributable to excess production in the base year, company executives said at a press conference in Budapest on Thursday. Magyar Suzuki Plc. CEO Masato Atsumi, emphasized that despite the difficulties, 2024 was more predictable than previous years, with both production and sales […]

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]]> Magyar Suzuki Completes Its One Millionth Vitara https://dteurope.com/business/magyar-suzuki-completes-its-one-millionth-vitara/ Fri, 07 Mar 2025 16:46:00 +0000 https://dteurope.com/?p=72850 In ten years, Magyar Suzuki Plc. has produced one million units of the Vitara model. The 1,000,000th Vitara with a GLX sunroof was completed this Friday at the Esztergom factory, the company told MTI. The Vitara is currently Hungary's most popular passenger car, the company's communications manager Zsuzsanna Bonnár-Csonka said. She recalled that the start […]

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]]> Former Suzuki Motors Chairman and CEO Passes Away https://dteurope.com/news/former-suzuki-motors-chairman-and-ceo-passes-away/ Sat, 28 Dec 2024 08:53:00 +0000 https://dteurope.com/?p=72202 Suzuki Motors' former chairman and CEO, Suzuki Osamu has died at the age of ninety-four, the Japanese automaker announced on Friday. The former Suzuki leader died on Wednesday of lymphoma, the company said in a statement. He joined Suzuki in 1958, a company founded by his wife's grandfather, and rose through the ranks to become […]

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]]> Suzuki Unveils Its First Purely Electric Car https://dteurope.com/automobile/suzuki-unveils-its-first-pure-electric-car/ Mon, 04 Nov 2024 18:41:00 +0000 https://dteurope.com/?p=71715 Suzuki Motor Corporation has unveiled its first series-production electric (BEV) model, the e-Vitara, which is of strategic importance for the company, the communications manager of Magyar Suzuki Plc., Zsuzsanna Bonnár-Csonka told MTI on Monday. She added that the vehicle, presented in Milan, Italy, will go into production in India in spring 2025 and will be […]

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]]> Magyar Suzuki Closed a Stable Year in 2023 https://dteurope.com/business/magyar-suzuki-closed-a-stable-year-in-2023/ Wed, 12 Jun 2024 11:23:00 +0000 https://dteurope.com/?p=70464 The Japanese automaker Suzuki plans to introduce five electric models by 2030 as part of the green transition of the automotive industry, and Magyar Suzuki is aiming to have the Esztergom plant participate in the production of these models, said Magyar Suzuki Plc. CEO Masato Atsumi at a press conference in Budapest on Wednesday. Assessing […]

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]]> Magyar Suzuki to Produce Its Own Electricity https://dteurope.com/business/magyar-suzuki-to-produce-its-own-electricity/ Mon, 26 Feb 2024 13:04:00 +0000 https://dteurope.com/?p=69602 Suzuki has inaugurated its own solar park at its Esztergom plant, the nearly HUF 800 million investment will cover 6-7% of the company's annual energy needs, the company's communications manager, Zsuzsanna Bonnár-Csonka told MTI on Monday. She highlighted that the solar panels installed on the roofs of the various units of the factory are an […]

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]]> 4 Millionth Car Completed by Suzuki in Esztergom https://dteurope.com/business/4-millionth-car-completed-by-suzuki-in-esztergom/ Thu, 08 Feb 2024 16:02:00 +0000 https://dteurope.com/?p=69469 The 4 millionth car was produced at Suzuki's Esztergom plant, northwest of Budapest, on Thursday, with the company planning to produce 130,000 cars this year, following 160,000 in 2023, Magyar Suzuki Plc. told MTI. Deputy CEO Róbert Krisztián recalled to journalists at the factory that production at the Japanese carmaker's Hungarian plant started in 1992. […]

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]]> Production Restarted at the Suzuki Factory in Esztergom https://dteurope.com/business/production-restarted-at-the-suzuki-factory-in-esztergom/ Mon, 22 Jan 2024 11:29:00 +0000 https://dteurope.com/?p=69347 Magyar Suzuki announced on Monday that production at its Esztergom plant has restarted as planned, the Reuters news agency reported. The company had announced a week earlier, on Monday last week, that production of the Vitara and S-Cross models would be suspended in Esztergom from January 15 to January 22 after supply was disrupted by […]

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]]> Suspension of Production at Suzuki Plant in Hungary https://dteurope.com/business/a-week-suspension-of-production-at-suzuki-plant-in-hungary/ Mon, 15 Jan 2024 14:42:00 +0000 https://dteurope.com/?p=69257 Suzuki Motor's production plant in Hungary will suspend output this week of its Vitara and S-CROSS models, the Reuters news agency quoted a company statement on Monday. The production halt between January 15 and 21 comes after automakers Tesla and announced suspensions in Europe in the second half of last week, in a sign that […]

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]]> Magyar Suzuki: 500,000th S-CROSS Completed in Esztergom https://dteurope.com/business/magyar-suzuki-500000th-s-cross-completed-in-esztergom/ Fri, 29 Sep 2023 10:48:00 +0000 https://dteurope.com/?p=68021 Magyar Suzuki has reached another milestone: the 500,000th S-CROSS model has rolled off the production line in Esztergom, the company told MTI on Friday. The model, which was completed on September 28, is a hybrid with automatic transmission. It was recalled that ten years ago, the Japanese automotive company presented and started production of the […]

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