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American Suzuki Achieves a 22 Percent First Quarter Sales Increase.


Business Editors/Automotive Writers

BREA, Calif.--(BUSINESS WIRE)--April 1, 2004

American American, river, 30 mi (48 km) long, rising in N central Calif. in the Sierra Nevada and flowing SW into the Sacramento River at Sacramento. The discovery of gold at Sutter's Mill (see Sutter, John Augustus) along the river in 1848 led to the California gold rush of  Suzuki Suzuki

ever faithful to her mistress, especially in sorrow. [Ital. Opera: Puccini, Madama Butterfly, Westerman, 358]

See : Loyalty
 Motor Corp. took another significant step toward reaching its sales growth goals by achieving a 22 percent growth in first quarter sales compared to its 2003 first quarter, selling a total of 6,921 vehicles in March for a combined total of 17,261 units in the first quarter.

"We are very pleased with the strides ASMC ASMC American Suzuki Motor Corporation
ASMC American Society of Military Comptrollers
ASMC Association of Sales & Marketing Companies
ASMC Advanced Semiconductor Manufacturing Conference
ASMC Area Support Medical Company
ASMC American Small Manufacturers Coalition
 has made in the first quarter, and the sales, product, marketing and customer service milestones we have reached since the launch of our 357 Plan," said Koichi Koichi is a male Japanese given name. It can also be a surname. People with the given name Koichi
  • Koichi Chigira, anime director
  • Koichi Domoto, artist
  • Koichi Fukuda, musician
  • Koichi Kashiwaya, aikido practitioner and teacher
 Suzuki, president of American Suzuki's Automotive Operations. "As we look into the future, we anticipate continued success with new product introductions, aggressive advertising and promotions, the rapid growth of Suzuki Square dealerships and continued customer service and satisfaction programs."

The linchpin linch·pin or lynch·pin  
n.
1. A locking pin inserted in the end of a shaft, as in an axle, to prevent a wheel from slipping off.

2.
 in ASMC's growth plan is the rapid introduction of value-packed new vehicles into its product line. Appearing in U.S. showrooms late last year, the top-selling Suzuki Verona and Forenza combine Italian styling with the performance, power, passenger room and standard features usually associated with considerably higher-priced models. The two new vehicles will be closely followed by the launch of seven additional models by 2007, including the Suzuki Reno, a five-door compact crossover Crossover

The point on a stock chart when a security and an indicator intersect. Crossovers are used by technical analysts to aid in forecasting the future movements in the price of a stock. In most technical analysis models, a crossover is a signal to either buy or sell.
 vehicle slated to go on sale later this year.

About American Suzuki

The Automotive Operations of American Suzuki Motor Corp. (ASMC), Brea, was founded in 1985 by Suzuki Motor Corp. ASMC markets automobiles in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area.  through a network of 500 automotive dealerships in 49 states. ASMC's parent company, Suzuki Motor Corp. (SMC SMC Saint Mary's College
SMC Santa Monica College
SMC Solaris Management Console
SMC Smooth Muscle Cell
SMC Small Magellanic Cloud (also see LMC)
SMC Safety Management Certificate (maritime shipping) 
), was founded in 1909, incorporated in 1920 and is based in Hamamatsu, Japan. SMC is a diversified diversified (di·verˑ·s  worldwide automobile manufacturer with 141 distributors in 127 countries.

                  AMERICAN SUZUKI MOTOR CORP.
                      MONTH-END REPORTING

                        March                    CYTD
                 2004   2003    DSR %    2004    2003    DSR %
                               Change                   Change
VITARA:            478    472      1%     1,176  1,035     12%
GRAND VITARA:      560    865    -35%     1,227  2,137    -43%
XL-7:            1,487  2,466    -40%     4,692  4,768     -3%
AERIO:           1,326  2,775    -52%     3,221  5,997    -47%
FORENZA          1,932      0      NA     4,262      0      NA
VERONA           1,138      0      NA     2,683      0      NA
TOTAL:           6,921  6,601      5%    17,261 13,981     22%

TRUCK
DOMESTIC TRUCK:    478    472      1%     1,176  1,036     12%
IMPORT TRUCK:    2,047  3,331    -39%     5,919  6,905    -15%
TOTAL TRUCK:     2,525  3,803    -34%     7,095  7,941    -12%

CAR
DOMESTIC CAR:        0      1   -100%         0      1   -100%
IMPORT CAR:      4,396  2,797     57%    10,166  6,039     66%
TOTAL CAR:       4,396  2,798     57%    10,166  6,040     66%

TOTAL DOMESTIC:    478    473      1%     1,176  1,034     12%
TOTAL IMPORT:    6,443  6,128      5%    16,085 12,944     23%
GRAND TOTAL      6,921  6,601      5%    17,261 13,981     22%

Selling Days:       26     26                76     75
COPYRIGHT 2004 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2004, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Apr 1, 2004
Words:485
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