Suzuki Q1 sales down
Suzuki has reported results for the first quarter of its 2016 – 2017 financial year (to 30 June 2016) that show global net sales from motorcycles of 50,684m yen, which is down from the 60,885m yen reported for the year-ago quarter, but a Q1 2015 – 2016 loss on that higher revenue for -2,649m yen has been improved to a loss of 561m yen.
In unit terms Suzuki reports 242,000m units sold worldwide in their first quarter, down from 254,000 units in the comparable year-ago quarter. Some 14,000 of those sold in Europe (compared to 16,000 in 2015) and 6,000 in the United States (down from 8,000 units).
Total corporate consolidated net sales (automotive, motorcycle, marine and power products) were 754,031m yen, down by 18,822m yen (-2.4 percent) from the 772,853m yen recorded for the year-ago quarter.
www.globalsuzuki.com