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Suzuki Reports Q1 2013-2014 Results

Suzuki reported an 18.5% increase in net sales from its motorcycle business in its first quarter ended June 30, 2013. Suzuki reports sales of 70.5 billion yen (US$710.1 million) from its motorcycle business, an increase from 59.5 billion yen reported in the same quarter last year. Unfortunately, despite increasing revenue, Suzuki’s motorcycle operations still remains in the red, operating at a loss of 2.7 billion yen (US$27.2 million) compared to a loss of 3.5 billion yen in the first quarter last year.

Day 7 Dakar 2014: Barreda Wins Another

After a day of rest, Sunday’s stage seven was characterized by rain during the night and a new Dakar country – Bolivia. After an early start at 4:30 in the morning, the first 62 miles of the special stage into Bolivia had to be shortened due to rain and poor visibility, low-hanging clouds that prevented the helicopters from taking off creating security issues. The route led across the Andes and towards the Bolivian border.

Suzuki Confirms MotoGP Departure – Hope of 2014 Return

As expected, Suzuki has officially announced its withdrawal from MotoGP racing, though the Japanese manufacturer says it plans to return to the world championship in 2014. Suzuki cites the recession, the value of the Japanese Yen and a series of natural disasters as reasons for suspending its MotoGP program for at least two years. Reports of Suzuki’s withdrawal began circulating earlier this week with some staff members reportedly receiving notice late last week, but signs of Suzuki’s impending withdrawal have been around for over a year.