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Suzuki Motor (OTC:SZKMY) raises FY2026 GAAP EPS guidance from $5.02 to $5.46 vs $5.35 analyst estimate. Lowers FY2026 sales outlook from $43.357 billion to $43.298 billion vs $40.170 billion estimate.
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Suzuki Motor (OTC:SZKMY) reported quarterly earnings of $2.39 per share. This is a 61.49 percent increase over earnings of $1.48 per share from the same period last year. The company reported $10.704 billion in sales
Read original at benzingahttps://asia.nikkei.com/business/automobiles/electric-vehicles/suzuki-to-export-electric-minicars-to-europe-as-soon-as-2027
Read original at benzingaChinese automaker Chery is entering Japan's insular automotive market through a Singapore-based joint venture called Emta, planning to launch electric microcars ('kei' vehicles) in 2027. With a 27% stake in the venture, Chery aims to compete in Japan's kei car segment, which represents 40% of the market. The move reflects Chinese automakers' strategy to seek growth outside their slowing domestic market, where sales have contracted for seven consecutive months.
Read original at benzinga