/ Industry, News, Others, Suzuki / Maruti considering Africa assembly plant

Maruti considering Africa assembly plant

Linked In Share
Maruti considering Africa assembly plant

Maruti Suzuki, India’s largest carmaker by volume, is considering building its first overseas assembly plant in Africa in a bid to revive its exports.

The New Delhi-based carmaker is exploring new export markets and Africa is more or less untouched, said Maruti Suzuki chairman R.C. Bhargava. Maruti is targeting emerging countries to fulfill its plan to double exports in the next four years. “We will look at local assembly for two reasons. Firstly, there’s usually a tax advantage. And second, there’s pressure from governments in these countries to assemble models locally,” Bhargava was quoted as saying by Bloomberg.

A local plant would help Maruti drive down costs for buyers and boost sales in these emerging markets for basic models such as the Alto and M800. However, Maruti Suzuki may face obstacles setting up a plant overseas as a few countries may require local purchase of some components.

Maruti’s exports shrank to 10 percent from two years earlier as sales of its A-Star compact hatchbacks fell in Europe. Europe, which accounted for 70 percent of Maruti’s exports three years ago, now contributes to 30 percent as the debt crisis in the region affected demand.

Algeria is the biggest export market for Maruti, followed by Indonesia, Chile and Australia. Maruti is also present in South Africa, Morocco and Egypt.

by Dan Mihalascu (my Google+) - Thursday, December 27th, 2012 - filed under Industry, News, Others, Suzuki. Image credit: .
Linked In Share
Related Articles


Discuss: Maruti considering Africa assembly plant

Leave a Reply


















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Chevy unveils Camaro Z/28 Indy 500 Pace Car
Chevy unveils Camaro Z/28 Indy 500 Pace CarThe North American based automaker Chevrolet has recently pulled the wraps off the new Camaro Z/28 Pace Car, which will be used ...
Hennessey Venom GT World’s Fastest Edition announced
Hennessey Venom GT World’s Fastest Edition announcedHennessey has recently announced its plans to offer a new special edition of the Venom GT, which will be called the World’s ...
Paul Walker’s accident happened at 150 km/h
Paul Walker’s accident happened at 150 km/hInvestigators are saying that the tragic accident in which Paul Walker has lost his life happened at 150 km/h (93 mph), which was ...
New-gen Mazda MX-5 to be unveiled in New York
New-gen Mazda MX-5 to be unveiled in New YorkThe new generation of the Mazda MX-5 is believed to be officially presented to the public next month, in a world premiere, during ...
Dacia Lodgy, a complete failure in terms of sales
Dacia Lodgy, a complete failure in terms of salesTwo years after the French automaker unveiled the Dacia Lodgy MPV, the low cost model displays a disappointing record, with only ...
PSA targeting 10 percent of China’s luxury car market with the Citroen’s DS brand
PSA targeting 10 percent of China’s luxury car market with the Citroen’s DS brandPSA Peugeot Citroen is wants to gain 10 percent of China’s luxury vehicle sales by promoting the Citroen DS brand to people in ...
F1 race going ahead despite Malaysian plane crash
F1 race going ahead despite Malaysian plane crashMar.26 (GMM/Inautonews.com) This weekend's F1 race is going ahead, despite confirmation the ill-fated Malaysia Airlines flight ...
Ex F1 doctor thinks ‘really bad news’ about Schu coming
Ex F1 doctor thinks ‘really bad news’ about Schu comingMar.26 (GMM/Inautonews.com) Former F1 doctor Gary Hartstein thinks it is unlikely Michael Schumacher will recover after more ...
Montagny doubts Lotus can return to the top
Montagny doubts Lotus can return to the topMar.26 (GMM/Inautonews.com) Franck Montagny has made a bleak assessment not only of ailing Lotus' 2014 prospects, but also ...
Sepang not joining chorus to make F1 louder
Sepang not joining chorus to make F1 louderMar.26 (GMM/Inautonews.com) According to the outspoken Australian Ron Walker, his fellow F1 promoters will speak with "an ...
De Silvestro’s F1 race chance ’1 per cent’ – report
De Silvestro’s F1 race chance ’1 per cent’ – reportMar.26 (GMM/Inautonews.com) Simone de Silvestro rates her chances of joining the grand prix grid in 2015 with Sauber as ...
Renault expecting ‘issues’ in Malaysia
Renault expecting ‘issues’ in MalaysiaMar.26 (GMM/Inautonews.com) Troubled engine supplier Renault is expecting to grapple with more "issues" in Malaysia this ...
Only alternative to Renault is own engine – Mateschitz
Only alternative to Renault is own engine – MateschitzMar.25 (GMM/Inautonews.com) The only missing link in Red Bull's title campaign for 2014 is a 'state of the art' engine. That is ...
Wanxiang Buys Fisker’s Plant in Delaware for $18 Million
Wanxiang Buys Fisker’s Plant in Delaware for $18 MillionFisker Automotive has sold its plant in Delaware to Wanxiang America - after Wanxiang officially closed on the purchase of ...
2015 Mustang Atop Empire State Building celebrates Ford’s 50th Anniversary
2015 Mustang Atop Empire State Building celebrates Ford’s 50th AnniversaryThis year Ford Mustang will celebrate its 50th anniversary in a unique way, by recomposing a 1965 stunt. To be sure that its ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

Chevrolet Camaro Z28 Pace Car Indy 500 1
Dacia Lodgy Market Share failure
Citroen-DS-SLS-1[3]
FORD MUSTANG CELEBRATES 50 YEARS AT THE EMPIRE STATE BUILDING
Spied-Range Rover Sport RS 001
Mercedes-Benz C-Class Edition 1 1
Spied-VW Golf R Estate 001
Spied-Mercedes CLA 45 AMG Shooting Break 001
porsche boxster gts 01
2015 Chrysler 200 Limited
BMW-M4-Coupe-MotoGP-Safety-Car-1
chevrolet colorado sport 1

More automotive from inautonews
The North American based automaker Chevrolet has recently pulled the wraps off the new Camaro Z/28 Pace Car, which will be used for the Indianapolis 500 and will be driven by Dario Franchitti. Chevrolet’s newest creation is aimed towards the world of motorsport and it will be used for the ...
read more
Inautonews Editors Section
Test Drive: Renault Captur 0.9 – TCe 90 – fast review
Test Drive: Renault Captur 0.9 – TCe 90 – fast review After we’ve tested almost all Renault Captur models, we decided to check out the 3-cylinder engine - 898 cc 66kw (90 hp) model. Why we’ve ...
Test Drive Fiat 500L Living – Review
Test Drive Fiat 500L Living – Review Who ever thought in 2007, when Fiat unveiled the new 500 citycar that the Italian automaker will ever build a seven-seater 500 model. Clearly, ...
Test Drive Fiat 500L Trekking – Review
Test Drive Fiat 500L Trekking – Review Fiat had a great success back in the 60’s with the 500 model. It was cheap, practical and equipped with a 479 cmc petrol engine – that’s why ...

Editors Section
Inautonews Editors Section
2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video] 2009 safest cars Euro NCAP

Latest in Safety US Senator Pressures GM to Set Up Compensation Funds for Recalled VehiclesSenator Richard Blumenthal asked the Department of Justice to force the US automaker General Motors ... Ducati, First Motorcycle Maker to Introduce AirbagsThe Italian motorcycle manufacturer Ducati has recently unveiled the Multistrada D-Air, which is ...
Safety Section