Thursday 11 February 2016

Suzuki

Suzuki motorcycle unit sales +14.1 percent in Europe for first nine months of 2015/2016 financial year

For the third quarter of its 2015/2016 financial year and first nine months to date (ended December 31st 2015) Suzuki is reporting that worldwide sales of motorcycles and ATVs were down by -16.6 percent (348,000 units) for their third quarter and down by -15.0 percent (1,145,000 units) for the nine month period (-69,000 and - 202,000 units) respectively compared to the same periods of 2014/2015.



However, in European terms, sales were broadly level at 6,000 units in the third quarter and are running at +14.1 percent (38,000 units) for the first nine months.
Sales in Japan are -10.3 percent (47,000 units) for the year-to-date (-7.5 percent/15,000 units for the third quarter); sales in North America are +3.7 percent (33,000 units) for the year-to-date, with the third quarter +30.4 percent (8,000 units); and in Asia are -19.6 percent for the YTD (864,000 units) with China at -17.2 percent and Indonesia -59.1 percent.
ATV sales worldwide were broadly flat at -0.1 percent for the year-to-date (17,000 units and down -9.1 percent in the third quarter.
In production terms Suzuki report total worldwide production of motorcycles and ATVs at -18.1 percent (1,140,000 units) for the nine month period and -16.6 percent (348,000 units) for the third quarter, with domestic Japanese production - 18.9 percent for the first nine months as the company continues to rationalise use of its domestic production capacity in favour of higher value automotive units.
The company says sales income from motorcycle and ATV operations was down by -7.0 percent at 172.9 bn. yen for the first nine months, but that overall sales (motorcycle and automotive) were +102.9 percent (406.3 bn. yen in Europe and +9.9 percent globally at 2,355.6 bn. yen.