Suzuki Motorcycle India registers 5.7% growth in FY2019-20; Sold 40,636 units in March 2020

New Delhi, April 02, 2020: Suzuki Motorcycle India Pvt. Ltd. (SMIPL), the two-wheeler subsidiary of Suzuki Motor Corporation, Japan concluded the fiscal year on a positive note by registering 5.7% growth over FY2018-19. Cumulatively, SMIPL sold 790,397 units from April 2019 – March 2020, compared to 747,506 units sold in the corresponding period last year.

Furthermore, Suzuki Motorcycle India registered 40,636 unit sales (Domestic + Exports) until March 22, 2020, that was followed by a production halt due to Covid-19 as per Government directives. In the domestic market, the company sold 33,930 units in March 2020.

Commenting on the sales performance, Mr. Koichiro Hirao, Managing Director, Suzuki Motorcycle India Pvt. Ltd. said, “We are pleased to close this financial year on a positive note with 5.7% growth amid the precautionary measures taken in the wake of the Covid-19 pandemic. We attribute this growth to our dealer partners for their determination and exceptional support further translating into customer trust and love. At present, our first and foremost priority is to ensure the health and safety of the employees and all stakeholders. As the industry fights the Covid-19 pandemic by implementing shutdowns and taking precautionary measures, we believe that industry will overcome this difficult time and bounce back with positive growth in the coming months.”

The financial year marked Suzuki’s entry into the quarter-litre segment with the launch of all-new Suzuki Gixxer 250 series offering heightened performance with Suzuki Oil Cooling System (SOCS) developed exclusively for the Indian market. The year was fueled by numerous product launches across categories including the launch of all new Access 125 BS6 compliant model.

ABOUT SUZUKI MOTORCYCLE INDIA PVT LTD (SMIPL)

Suzuki Motorcycle India Private Limited is a subsidiary of Suzuki Motor Corporation, Japan wherein they have the same manufacturing philosophy of PRODUCTS OF SUPERIOR VALUE right from the inception. SMIPL manufactures two-wheelers best suited for the valuable Indian customers. The Company started its India operation in February 2006.