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Suzuki enjoys life in the tariff-free lane

Suzuki's insulation from the effects of US import tariffs gave it the highest margins of any major automaker. By Jonathan Storey

Following record revenue and profit in 2024/25, Suzuki reported lower revenue and profit for its fiscal first quarter. However, the company was in the happy position of suffering no direct impact from tariff changes, helping it record the highest margins among all the major Japanese, European, Korean and North American carmakers.

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