Suzuki aims to halve vehicle development time by 2030
25/09/2026 02:27
Suzuki aims to halve vehicle development time by 2030 TOKYO, Sept 25 (Reuters) - Japanese automaker Suzuki Motor 7269.T said on Friday it aims to halve development time for new vehicles by around 2030 from fiscal 2020 levels, while improving development and production efficiency.
Suzuki targets a 30% increase in development efficiency and a 50% gain in production efficiency towards 2030, it said in a statement.
The automaker aims to expand annual production capcity in India to 4 million-4.99 million vehicles by the 2030 financial year or later.
Suzuki shares rose 0.9% on Friday, compared with a 1.1% gain in the Nikkei .N225.
(Reporting by Daniel Leussink; Editing by Jacqueline Wong)
((daniel.leussink@thomsonreuters.com; Twitter: @danielleussink;))
Recent news on SUZUKI MOTOR
See all newsSuzuki asks India suppliers to shorten production week in push for quality, sources say
Suzuki aims to halve vehicle development time by 2030
Brief: Suzuki Motor Will Target Annual Production Capacity Of 4 Million To 4.99 Million Vehicles In India From The 2030 Fiscal Year Onwards
India's Maruti sees passenger vehicle market rising to up to 6.3 mln units by 2031
Table: Suzuki Motor -Q1 group results (IFRS)