Automotive Industry
Industry: Email Alert RSS FeedAudi, Suzuki boost output in Hungary.(Special Report)(Column)
Automotive News Europe, June, 2005 by Frink, Lyle
Byline: Lyle Frink
Hungary's auto manufacturing industry has continued expanding in the year since Hungary joined the European Union, but car sales have been confounded by changing tax rules.
Suzuki, Hungary's major automaker, is increasing production capacity in Esztergom to 221,000 units a year by 2006 from 111,000 last year.
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The Japanese carmaker invested [euro]237 million in Hungary in 2004 and plans to invest an additional [euro]197 million this year. Suzuki started production of the second-generation Swift small car in Hungary in February and plans to start assembly ...
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