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Suzuki Forms Joint Venture for Developing Fuel Cell Technology

Suzuki announced it is partnering with U.K.-based Intelligent Energy Holdings to form a joint venture for developing fuel cell systems. The new joint venture, SMILE FC System Corporation, will work on developing fuel cell systems for both motorcycles and automobiles. Intelligent Energy, with its fuel cell expertise and Suzuki, with its mass production capabilities, will each have 50% share of SMILE FC.

Suzuki Reports 2011-2012 Results

Suzuki declared a loss of 2.4 billion yen (US$30.0 million) from its motorcycle division over the fiscal year ended March 31, 2012. Though still a loss, it’s an improvement on the loss of 10.8 billion yen reported the previous year. Suzuki attributes the loss to an appreciating yen and the financial impact from heavy flooding in Thailand.

Suzuki Concludes MotoGP Test At Phillip Island

The Suzuki MotoGP team concluded its three-day test at Phillip Island in Australia today after rain and less-than-perfect track conditions hampered much of the progress the riders and technicians hoped to make. Test rider Randy De Puniet was joined by Voltcom Crescent Suzuki World Superbike rider Eugene Laverty for the first two days; unfortunately suffering a crash early on the first day due to the slippery and damp conditions. However the Irishman was able to complete 37 laps yesterday despite inclement weather that halted much of the testing on every day; and which included a large amount of geese on the circuit obstructing every session.