SUZUKI Motor Corporation increases global sales by more than 15 per cent
Thursday, May 3rd, 20078th successive record result / 34 per cent sales increase in Europe
Suzuki Motor Corporation increased its sales by 15.2 per cent to 3,164 billion Yen (19.4 billion Euro; 13.2 billion £stg) in the past business year 2006/07 (1 April, 2006 to 31 March, 2007). The major factor which contributed to the 8th successive record result was the high demand for Suzuki vehicles and motorcycles in overseas markets. While sales outside Japan grew by a remarkable 20.9 per cent, sales in the home market were up by 4.2 per cent. Growth of the long-established Japanese company was strongest in Europe (+ 34.3 per cent).
The operating profit was up for the 7th time in a row by 16.7 per cent to 132.9 billion Yen (810 million Euro; 552 million £stg). The company reports the 6th successive increase of its annual net profit to a total of 75.01 billion Yen (460 million Euro; 313 million £stg), which is equivalent to a 13.7 per cent growth over the previous year. Suzuki sold 3.065 million motorcycles and All Terrain Vehicles (Quads), as well as 2.22 million vehicles.
Suzuki’s growth targets for the current business year are equally ambitious: vehicle sales are expected to grow by 8.2 per cent to 2.405 million units, and motorcycle sales by 22 per cent to 3.743 million units.
With 4,712 new jobs created worldwide, the corporation had a workforce of 45,510 in its Automotive, Motorcycle and Marine divisions at 31 March, 2007.
Facts and Figures
|
2005/2006 |
2006/2007 |
||
| Sales |
2,746 billion Yen |
3,164 billion Yen |
(+15.2%) |
| Car sales (units total) |
2,096,000 |
2,222,000 |
(+7.4%) |
| …in Japan |
707,000 |
691,000 |
(-2.3%) |
| …outside Japan |
1,362,000 |
1,531,000 |
(+12.5%) |
| Motorcycle sales (units total) |
3,060,000 |
3,065,000 |
(+0.2%) |
| …in Japan |
155,000 |
163,000 |
(+5.8%) |
| …outside Japan |
2,905,000 |
2,902,000 |
(-0.1%) |
Exchange rate: 1 Euro = 163 Yen
About Suzuki
SUZUKI Motor Corporation has its headquarters in the Japanese city of Hamamatsu. It is the leading international provider of small cars and the world’s 12th largest automobile manufacturer. Since 1999 Suzuki, which consists of the three divisions, Automobile, Motorcycle and Marine, has registered a steady stream of production, sales and turnover records. The Suzuki Group distributes its products in 187 countries and operates 36 main production facilities in 22 countries.
With its “Way of Life!” slogan, Suzuki has become synonymous with excitement worldwide. The brand attributes of good value, sportiness and team spirit manifest themselves in innovative products tailored to customer needs; a trophy-laden motorsport history, an expanding commitment to rallying, a down-to-earth management approach and impressive expertise in the spheres of offroading and four-wheel drive, are underpinned by a company history dating back almost 100 years.
