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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.

The World Endurance Championship Starts This Weekend

Endurance racing is perhaps the ultimate test of both man and machine. In the past, teams would pace themselves in order to rest both elements enough to make a final push at the end. These days, however, motorcycles are more reliable than ever, and riders train like triathletes.

Suzuki Forecasts 9% Increase in North American Sales in 2011-2012 Fiscal Year

Suzuki Motor Corporation released its forecast for the fiscal year ending March 2012, predicting a 9.4% increase in worldwide motorcycle unit sales including a 9.0% increase in the North American market. The fiscal forecast, delayed from Suzuki’s previous quarterly report in May because of the uncertainty caused by the March 11 earthquake, paints a positive picture for the current fiscal year. Suzuki forecasts sales of about 55,000 units in North America, an increase from about 50,000 units sold the previous fiscal year.