Suzuki's latest financial performance data reveals a +18.5 percent increase in its motorcycle sales in Europe for the first six months of its current 2015/2016 financial year (the period to September 30th 2015).
From some 27,000 units in the corresponding period last year, it reports sales for the period at 32,000 units. North American sales are not as healthy though - there Suzuki have seen 25,000 units in the 2014 period decline to 24,000 units this year.
Overall, their global motorcycle (and ATV) sales are down nearly 15 percent at 794,000 units sold in the period April to September 2015 from 931,000 last year. The big unit losses are in emerging markets, especially Indonesia and elsewhere in Asia.
Despite the declining unit sales, their performance in the higher price-point European market and relatively stable performance in North America has seen their consolidated net sales revenue from their motorcycle and ATV operations remain largely unchanged at yen 123,334 for the first six months of their 2015/2016 financial year (compared to yen 123,505 million in the corresponding 2014/2015 period).
Overall Suzuki's global corporate performance continues to show signs of improvement with Japan's fourth largest auto manufacturer lifting its annual net profit forecast for the full financial year by some 14 percent, citing better than expected earnings in India (including strong results at its Indian unit, Maruti Suzuki India Ltd.) and windfalls from the sale of its stake in Volkswagen; the company posted net profit up 46.5 percent to yen 79.05 billion for the half-year period.
