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Suzuki worldwide sales reached 3.1 million vehicles for $32 billion USD revenue in 2023, ranking 13th in the world by unit sales and 16th in the world by total revenue.
Unit volume was up 6% by year, global revenue was up 3%, and profit was up 14%. Suzuki employs over 70,000 people worldwide sourced by 35 manufacturing plants operating in 23 countries. |
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Suzuki prospered in 2023 due to its market share in India where the automotive industry is growing rapidly compared to other countries.
Like many automakers based in Japan, Suzuki discloses revenue by a fiscal year dated from April through March. For improved readability we will disclose the year ending March 31st 2024 as year 2023 global sales. Japanese Yen are converted to US Dollars for this report based on the exchange rate at the end of each fiscal year. The profit displayed is gross profit after the cost of materials is subtracted, but before administrative fees. |
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