Wednesday, May 26, 2021

Suzuki from Japan will enter to compete in Ecuador with its own network to increase its sales participation of cars and SUV.

 




After several years of being sheltered in Ecuador under the distribution umbrella of General Motors (Chevrolet), Suzuki considered that it was time to start a career independently, with its own points of sale to further grow its participation.

The brand of Japanese origin began in the middle of the pandemic the search for a new representative for Ecuador through an international process. The company chosen was SZK del Ecuador, a firm whose main shareholders are businessmen from the Casabaca group and other executives with experience in the industry.

Suzuki was attracted by the plan proposed by this company, which estimates to invest more than $ 20 million in the project to introduce the brand autonomously. The commercialization of cars will start in July; the first imports are on their way to the country.

They will begin with the sale of the S-Cross, a model of the SUV category that was already sold at Chevrolet. And in the remainder of the year, they will introduce another two vehicles in this segment. Suzuki has in this category models such as the Vitara and Jimny, which have received renovations.

The SUV segment has been gaining space in Ecuador. In 2020, 32,793 SUVs were sold in the country, surpassing the 28,545 units in the automobile segment, according to data from the Association of Automotive Companies of Ecuador (Aeade).

Suzuki has plants in different countries in Asia and Europe. SUVs are made in Hungary and part of the production will be imported from there; the rest will come from Japan, India, and Indonesia, according to Esteban Acosta, SZK general manager of Ecuador.

Considering the current scenario and considering that sales will begin in the second semester, the company plans to place some 1,500 units in the remainder of 2021.

The executive maintains that they intend to gradually expand Suzuki's portfolio in different segments. This brand, for example, in Chile sells about fifteen models and is number two in sales.

“We believe that it can reach stellar sales positions, due to the prices, since they are adapted to the consumer in the region. In Ecuador, more than 50% of cars are sold for less than $ 20,000, and more than 70% of SUVs are sold for less than $ 30,000 and that is where Suzuki has its prices, ”says Acosta.

The idea of ​​the new representative of The Japanese brand is to take advantage of the recognition that the brand already has in Ecuador to consolidate greater participation. And they will seek that with a greater presence in key cities for the automotive business.

SZK del Ecuador carried out a study that took about six weeks and determined that the brand was in position 8 among the 10 most recognized among consumers. Sebastián Becerra, head of marketing, maintains that this gives them a positive outlook because the Ecuadorian identifies the brand.

The company plans to own 60% of the dealer network in cities such as Quito and Guayaquil. The remainder will be established through partners in provinces that have points of sale in Ambato, Ibarra, Latacunga, Cuenca. Points will be identified as SZK Store.

“We are going to start with 11 points of sale, of which 6 will be owned by SZK del Ecuador,” says Acosta.

The amount of 120 sources of employment will generate the income of Suzuki to Ecuador autonomously.

What will happen to the aftermarket?

Customers who own Suzuki vehicles that were previously purchased have a warranty and after-sales services.

El Universo Ecuador


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