Suzuki Motorcycle India Pvt. Ltd. (SMIPL), has reported 29 percent sales growth for June 2019. The company sold 67,491 units (Domestic + Exports) for June 2019, up from 52,217 units sold in June 2018. Suzuki motorcycles domestic sales in June 2019 is up 22 percent. The company sold 57,023 units, up from 46,717 units sold in June 2018. For Suzuki, June 2019 sales have contracted as compared to May 2019 sales.
Last month, the 2019 Suzuki GIXXER SF series was launched. It included the all new 250 cc Gixxer SF and a thoroughly updated Gixxer SF 155. This month the company followed up by organising regional launches across India. This with the intent of connecting with a wider customer base. Further, the events aimed to reinforce the brand presence in key cities.
For first quarter (April – June) of FY19-20, Suzuki reported 205,073 units sold. Sales growth stands at 21 percent, up from 170,103 units sold in Q1 FY2019-20. For the quarter, Suzuki Motorcycles India has posted three consecutive months of sales growth.
Devashish Handa, Vice President, Suzuki Motorcycle India Pvt. Ltd., said, “Despite a challenging time for the automobile industry, Suzuki Motorcycle India has registered a strong sales performance in the first quarter by clocking double-digit growth. We acknowledge it with deep gratitude, the confidence that the Indian two-wheeler buyer has reposed in us. A large share of this creditable performance also goes to our dealer network, which has been extending ‘best in class’ service to our esteemed customers.”
For the company, the Suzuki Access 125 scooter is its bestseller, accounting for a majority of sales. Suzuki Burgman sales though small in comparison have grown reasonably well. Through this quarter, the company has also launched its 2019 GSX-S750 edition, and the MY intruder version. However, Intruder continues to look dated and isn’t working any wonders in terms of sales.
As the industry prepares for another gruelling quarter, Suzuki Motorcycles India has in fact packed in quite a punch. Despite depressed industry sentiment, Q1 FY2019-20 has seen strong sales growth from Suzuki Motorcycle India. The brand looks forward to carrying forward this monumented for the remainder of the fiscal. In FY19-20, SMIPL sales target is set at 1 million. Towards this end, Suzuki is strengthening its dealer network and product portfolio. Suzuki will introduce premium products to cater to a larger customer base.
