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Suzuki: Motorcycle sales up 33% in April 2009

May 5th, 2009 | No Comments | Posted in Suzuki

Suzuki Motorcycle India has reported a 33% hike in its motorcycle sales during April 2009, at 13,548 units, as against 10,208 units in April 2008. According to the company, the increase in sales could be attributed to its new offering, the GS150R.

With the fewest dealerships and a very small range of products, Suzuki remains the smallest player in India in the two-wheelers segment, which is quite in contrast to its dominant position in the passenger cars segment in the country.

[Via: indiaautomotive]

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Suzuki sells 51 units of its big bikes in India

March 26th, 2009 | No Comments | Posted in Suzuki

Suzuki Motorcycle India Pvt. Ltd., which launched the Hayabusa and the Intruder in India in November last year, has already sold 23 units of the former and 28 units of the latter in the country.

The Hayabusa is the world’s fastest superbike while the Intruder is a cruiser-style machine, and both cost more than Rs 12.5 lakh, largely because of the import duties levied on foreign bikes in India.

Suzuki hopes to be able to sell a total of about 300 units of the two bikes by the end of this year. The company is also expected to bring in more machines from its sportsbike range, including the iconic GSX-R1000.

[Via: indiaautomotive]

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Suzuki India aims at 10% market share in 150cc segment

February 18th, 2009 | No Comments | Posted in Suzuki

Suzuki Motorcycle India Pvt. Ltd., with its new GS150R bike, is aiming at garnering a 10% market share in the 150cc bikes segment in the country, which accounts for sales of around 5.5 lakh units per annum. Priced at Rs 67,000, the Suzuki GS150R is pitted against bikes like the Bajaj Pulsar 150 DTS-i, Hero Honda Hunk and CBZ X-Treme, Honda Unicorn, TVS Apache RTR160 and Yamaha FZ16.

In 2008, Suzuki sold 110,000 units (including scooters and motorcycles) in India, while the target for this year is 175,000 units. The company plans to increase capacity to 250,000 units per annum by the end of this year, and to 400,000 units over the next three years. Suzuki Motorcycle India has also signed an agreement with the Allahabad Bank, to provide retail finance for its bikes at discounted rates, under the ‘AllBank Mobike’ scheme.

Allahabad Bank, which has a strong presence in rural and semi-urban areas in North India, will facilitate the availability of consumer finance for Suzuki customers, with loan facilities being made available at all branches of the bank as well as at all Suzuki dealerships across the country.

[Via: indiaautomotive]

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