Magyar Suzuki to make only hybrid models for EU markets from 2020
Japanese car maker Suzuki will produce only cars fitted with hybrid engines from this year for EU markets at its plant in Esztergom (N Hungary), the company told MTI on Monday.
Communications chief Zsuzsanna Bonnár-Csonka said Suzuki had invested millions of euros in preparations for launching the new hybrid models.
As a result, hybrid models will account for 70 percent of the Esztergom plant’s output in 2020.
Some 85 percent of the vehicles will be exported.
Magyar Suzuki employs 3,200 workers. It had revenue of 1.95 billion euros in 2018, including domestic revenue of 280.4 million euros.
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
What happened today in Hungary – 26 July, 2024
Drama: number of births in a 20-year low in Hungary
Yay or nay? – 6 odd Hungarian delicacies that make our skin crawl
Budapest tourism “exploded” this past weekend
Container transport in Budapest may stop: How will this affect Hungarian economy?
Minister: Hungary will protect its territory by every means possible