Suzuki eyes Africa as next key market, targets 20% sales rise by FY 2030

TOKYO - Japanese carmaker Suzuki Motor Corp. is tapping into markets in Africa, aiming to increase sales on the continent by roughly 20 percent from the previous business year through March to 150,000 units in fiscal 2030.

The automaker sees Africa as the "next India," its key market, where low-priced vehicles capable of withstanding rough roads are popular. Population growth and economic expansion are also expected to broaden its customer base and help boost exports.