Suzuki shares on the upswing after GM stock dumpage

Suzuki is going places, or at least that's what investment in the company's stock seem to indicate. Optimism about the Japanese automaker's prospects, particularly in India and Japan, a 10-percent increase in minicar sales as well as an increase of 13 percent in production to record levels last month has sent the stock price up as much as five percent over the past three days. We know more than one American automaker who wishes it had that problem -- in fact, that may have something to do with Suzuki's recent surge... Suzuki's stock has gone up roughly 9.6 percent since Suzuki bought back 17 percent of its stock from General Motors earlier this month.
[Source: Bloomberg]

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