Suzuki Swift No Need In China, Decides To Leave

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In the past, smaller city vehicles like the Suzuki Swift did have a place is growing markets like China but with vehicles like sedans, crossovers and other luxury models now taking the stage, it looks like Suzuki there is no space for Suzuki and their small city vehicles anymore.

It was announced that Suzuki will be pulling out from the Chinese market as it was reported that they will be transferring all their equity in Chingqing Changan Suzuki to Changan Automobile. Besides the transfer, the company president sent by Suzuki will also resign.

Suzuki will still continue licensing of production and sales concerning Suzuki models to Changan Suzuki. While Suzuki shifts their attention away from China, they will continue to boost their sales in India. Their goal right now would be to have a sale of 5 million units annually by the year 2030.

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