Suzuki reported an operating loss of 11.9 billion yen (US$117.1 million) from its motorcycle business for its fiscal year ended March 31, 2013. The loss stems from a 10.7% decrease in motorcycles sales and a 9.6% decline in motorcycle revenue from its 2012-2013 fiscal year.
According to Suzuki‘s year-end report, motorcycles accounted for 230.3 billion yen in sales revenue, down 254.8 billion yen reported the previous year. The drop in sales contributed to the 11.9 billion yen operating loss, compared to a loss of 2.4 billion yen reported in the 2011-2012 fiscal year.
Suzuki sold 2.312 million motorcycles in its fiscal year, a year-on-year decrease of 10.7% from 2.589 million motorcycles. North American sales were down 8.6%, decreasing to 44,000 units from 49,000 units the previous year.Sales were also down 8.6% in Asia, 3.0% in Japan and 28.7% in Europe where the overall economy continues to struggle. Continue Reading »




