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 […]
Suzuki to Relocate R&D Facility to Lower Tsunami Risk Area
Suzuki is considering moving its motorcycle research facility from its current coastal location to its main factory in Hamamatsu, Japan, to decrease the risk of damage from future tsunamis.
According to a report in the Nikkei business daily, Suzuki is acquiring more land in Hamamatsu to house the research center and other facilities. Suzuki CEO Osamu Suzuki first brought up the idea to relocate some of its higher risk coastal properties during its 2011-2012 fiscal year forecast report. Among the technologies Suzuki is current developing is the use of alternative fuels to power vehicles, such as the fuel cell powered Suzuki Bergman scooter pictured above.
According to the Nikkei report, Suzuki is also considering moving its motorcycle engine production from Hamamatsu.
[Source: Nikkei via Reuters]