Suzuki Motorcycle India Ltd., a subsidiary of one of the world’s leading two-wheeler manufacturer Suzuki Motor Corporation, registered an 19% increase in their March 2014 sales figures as compared to March 2013.
Suzuki Motorcycle sold 30,594 units in March 2014 as opposed to 25,717 units in March 2013, recording a strong growth in its overall sales. Suzuki Motorcycles has maintained a consistent growth path over the last couple of years.
Speaking on this strong growth pattern, Mr. Atul Gupta, Executive Vice President, SMIL, said “We have received a good response from the market for all our products. The growing customer satisfaction has led to positive word-of-mouth in the market. Building on the existing goodwill in the market, we expect that the 4 products launched at the Auto Expo – Gixxer, Let’s, V Strom and Inazuma will also show good performance in the upcoming fiscal. We will continue to give the best to our customers.”
India Infoline Research Team / 14:59, May 20, 2015
GPIL reported 13.5% yoy decline in operating profit as the impact of higher volumes was offset by lower product prices