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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.

Suzuki Reports Q2 2011-2012 Results

Suzuki reported its second consecutive profitable quarter from its motorcycle division, following  11 consecutive quarters in the red. For the quarter ended Sept. 30, 2011, Suzuki raked in 62.3 billion yen (US$808.5 million) from motorcycle sales, compared to the 61.4 billion yen (US$796.8 billion) reported in the same period last year.

Suzuki to Trim US Powersports Dealership Network

When American Suzuki announced it was shutting down its automobile business, the company said it intended to focus on its powersports operations. It comes as a surprise then to some dealers that Suzuki is not renewing all of its dealership agreements. According to DealerNews, dealerships received letters this week from American Suzuki notifying them whether their franchise agreements would be renewed with the newly formed Suzuki Motor America.