| Magyar Suzuki Corporation | |
| Type: | Private (subsidiary) |
| Industry: | Automotive, marine (outboard engines), motorcycles |
| Products: | Automobiles |
| Production: | 142,454 cars (2023)[1] |
| Revenue: | 2,144.9 million euro (2022) |
| Num Employees: | 2,980 (2023)[2] |
| Foundation: | [3] |
| Location: | Esztergom, Hungary |
| Area Served: | Europe |
Magyar Suzuki Corporation is an automobile manufacturing plant, subsidiary of Suzuki, located in Esztergom, Hungary and founded in 1991 with investments from Suzuki Japan, the Hungarian Government, Itochu and the World Bank.[4] [5]
Magyar Suzuki Corporation started production in October 1992.
Through the end of September 2005, the plant had a cumulative production volume of 849,000 vehicles: 465,000 Suzuki Swift through March 2003, 187,000 Suzuki Wagon R+, 137,000 Suzuki Ignis and 60,000 Suzuki Swift (previous model, based on the Suzuki Cultus). In addition to the Suzuki-badged vehicles, the Hungarian plant also produced 24,943 Fiat Sedici CUVs and 4,494 Ignis-based Subaru G3X Justys. Current production capacity is 300,000 units/year.[6] The plant also produced the Suzuki Splash, as well as a rebadged version, the Opel Agila.[7]
Constructed with an investment of 14 billion Hungarian forints, the plant initially produced 1.0-litre and 1.3-litre Suzuki Swifts, reaching the ten thousandth car in 1993.
The plant meets ISO 14001 quality levels, engines manufactured at the plant meet Euro 4 requirements, and Suzuki requires ISO 9001:2000 quality assurance certification from suppliers and dealerships.[8] Magyar Suzuki's VIN identifier (the first three digits of the chassis number) is TSM.
On 6 October 2006, the plant produced its one millionth car, a five-door second generation Suzuki Swift. Total production reached 2 millions in July 2011, 3 millions in April 2017 and 4 millions in February 2024.[9]