Suzuki motorcycle sales on the upswing

Publish Date: 
Feb 7, 2013

HAMAMATSU, Japan - Suzuki Motor Corp. reported that during its 2012 fiscal nine-month period ended Dec. 31, unit retail sales in the U.S. and Canada rose 3.4 percent year-over-year to roughly 32,000 units. Unit sales include motorcycles, scooters and ATVs.

October through December, dealers in the countries sold 7,000 Suzuki units, an increase of 12 percent.

Suzuki now forecasts that dealers in North America will retail about 47,000 units during its fiscal year 2012, which ends March 31.

In comparison, during the company’s 2011 fiscal year, unit retail sales in the countries fell roughly 6 percent year-over-year to 48,000 units.

Wholesale unit sales to dealers in North America during the fiscal nine months fell slightly from about 34,000 units to 32,000 units. This shipping amount translated into sales revenue of 23.9 billion yen, down 2.4 percent from the year-ago period.

Suzuki Motor Corp.’s net worldwide sales for the 2012 fiscal nine months rose 1.4 percent to 1.8 trillion yen. Net income increased 19.2 percent to 48.4 billion yen. Motorcycle-related sales during the period, however, fell 13.5 percent to 163 billion yen.

Posted by Arlo Redwine