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American Suzuki Posts Highest Sales Since 1987

BREA, Calif., Jan. 3, 2003; Spurred upwards by the introduction of its new Aerio small car, innovative financing, and the industry's best 7-year/100,000-mile powertrain limited warranty, American Suzuki Motor Corporation (ASMC) posts the best year since 1987 with sales totaling 67,855 for the year. Finishing off the year on a high note, American Suzuki achieved its highest December sales ever with 7,614 units. The strong December sales coupled with record-breaking November sales to boost total American Suzuki sales to 67,855 units in 2002. The XL-7 SUV posted 1,718 sales for the month and 27,295 for the year, while the Aerio sedan and SX marked 4,510 sales for the month and 18,441 sales since it's debut in late March 2002. The Grand Vitara also made a strong showing, notching 1,024 monthly sales and 11,529 for the year. The Vitara finished the year with 343 sales for the month and 6,549 vehicles sold in 2002.

"Sales are at an all-time high because more than ever consumers are taking notice of Suzuki's exceptional value, as evidenced by top industry accolades and safety ratings," said Rick Suzuki, president of ASMC. Recently the Suzuki Aerio and XL-7 SUV were named by Consumers Digest as "Best Buy" vehicles for 2003. The editors of the consumer-oriented Website, Edmunds.com, named the Aerio its "Most Wanted Wagon Under $15,000" as part of its annual compilation of favorite models in a variety of vehicle classes.

Additionally, the Insurance Institute for Highway Safety (IIHS) gave the Suzuki Aerio its highest overall rating of "good" in its most recent 40-mph frontal offset crash tests, and designated it a "Best Pick" in the competitive small car category. The XL-7 also earned a place in the highest possible overall rating in the IIHS crash worthiness rating earlier in the year.

The Automotive Division of ASMC, Brea, Calif., was founded in 1985 by Suzuki Motor Corporation. ASMC markets automobiles in the United States through a network of 430 automotive dealerships in 49 states. ASMC's parent company, Suzuki Motor Corporation (SMC), based in Hamamatsu, Japan, is a diversified worldwide automobile manufacturer. Founded in 1909 and incorporated in 1920, and has 120 distributors in 190 countries.

                           - sales figures follow -

                      AMERICAN SUZUKI MOTOR CORPORATION
                             MONTH END REPORTING

                              DECEMBER                           CYTD
                        2002       2001   DSR %     2002      2001    DSR %
                                         Change                      Change

    SIDEKICK:              0          3   -100%        5         3      67%
    SIDEKICK IMP:          0          0      NA        0         8    -100%
    SPORT:                 0          0      NA        6         6       0%
    X-90:                  0          0      NA        4         0       NA
    VITARA:              343        413    -14%    6,549     7,947     -18%
    GRAND VITARA:      1,024        624     71%   11,529    16,030     -28%
    XL-7:              1,718      2,020    -12%   27,295    25,096       9%
    SWIFT:                 0         71   -100%      177     2,547     -93%
    ESTEEM:               19        786    -97%    3,849    13,061     -71%
    AERIO:             4,510          0      NA   18,441         0       NA
    TOTAL:             7,614      3,917    102%   67,855    64,698       5%


    TRUCK
    DOMESTIC TRUCK:      343        416    -14%    6,554     7,950     -18%
    IMPORT TRUCK:      2,742      2,644      8%   38,834    41,140      -6%
    TOTAL TRUCK:       3,085      3,060      5%   45,388    49,090      -8%


    CAR
    DOMESTIC CAR:          0         71   -100%      175     2,547     -93%
    IMPORT CAR:        4,529        786    499%   22,292    13,061      71%
    TOTAL CAR:         4,529        857    450%   22,467    15,608      44%



    TOTAL DOMESTIC:      343        487    -27%    6,729    10,497     -36%
    TOTAL IMPORT:      7,271      3,430    120%   61,126    54,201      13%
    GRAND TOTAL        7,614      3,917    102%   67,855    64,698       5%

    Selling Days:         25         26              307       307