Thursday 22 December 2016

Suzuki

Suzuki first half unit sales down -11 percent in Europe

Suzuki has reported results for the first six months of its 2016 – 2017 financial year (the period to September 30, 2016) that show global net sales from motorcycles of 93,521m yen, which is down substantially from the 123,334m yen reported for the year-ago period; but the company has achieved a reduced loss of -667m yen for the first six months of 2016, compared to 1,211m yen for the year-ago period.



In unit terms Suzuki reports 499,000 units sold worldwide in the first six months, down from 529,000 units in the comparable year-ago period. Some 24,000 of those were sold in Europe (11.11 percent compared to 27,000 in 2015) and 10,000 in the United States (down by - 59 percent from 17,000 units in the first six months of 2015).
Unit sales in its domestic Japanese market remained stable at around 31,000 units; sales elsewhere in Asia were modestly down at 354,000 units, from 355,000 in 2015.
Total corporate consolidated net sales (automotive, motorcycle, marine and power products) were 1,498,956m yen, down by 56,566m yen (-3.6 percent) from the 1,555,522m yen recorded for the year-ago period.