Suzuki Motorcycle India

Suzuki Motorcycle India, SMFG India Credit Co partner for vehicle finance

Suzuki Motorcycle India Pvt Ltd on Friday said it has partnered with SMFG India Credit Co Ltd (formerly Fullerton India Credit Co) to provide financing on purchase of its two-wheelers. The two companies have entered into an MoU for the same, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement. SMFG India Credit is registered as a Non-Banking Financial Company-Investment and Credit Company (NBFC-ICC) with the Reserve Bank of India, and a member of Sumitomo Mitsui Financial Group (SMFG), it added. "Considering our continuous growth in the Indian market, it becomes imperative for us to associate with financiers who can facilitate ease of purchasing Suzuki two-wheelers. The idea is to offer flexible, yet easy retail finance offers, keeping in mind the needs of our customers," SMIPL Managing Director Kenichi UMEDA said. "We are confident that our engagement with SMFG India Credit will be another step in enhancing our ability to cater to the needs of our growing customer base in

Suzuki Motorcycle India's vehicle sales grow 24% to 79,483 units in Dec

Two-wheeler maker Suzuki Motorcycle India on Tuesday said its vehicle sales increased 24 per cent year-on-year to 79,483 units in December. Suzuki Motorcycle India Pvt Ltd (SMIPL), a subsidiary of Suzuki Motor Corporation, had sold 63,912 vehicles in December, as per a company statement. "The company closed December 2023 with total sales of 79,483 units, recording 24 per cent year-on-year growth," Suzuki Motorcycle India said in the statement. Of the total two-wheeler sales last month, the domestic sales volume stood at 69,025 units, while the remaining 10,458 units were retailed in the overseas markets, it stated.

Suzuki Motorcycle India logs 30% rise in 2-wheeler sales at 103,336 units

Suzuki Motorcycle India said on Friday its two-wheeler sales, including exports, increased 30 per cent year-on-year to 103,336 units in August. The company had sold 79,559 two-wheelers in August 2022, the company said. Total domestic sales during August rose 28 per cent to 83,045 units as compared to 64,654 units in August 2022, it said. The company also sold 20,291 vehicles in the exports market in August, Suzuki Motorcycle India said. "We saw strong demand for our products within India, which has aided us in our continued growth," Suzuki Motorcycle India Managing Director Kenichi Umeda said.

Suzuki India 2W July sales at best-ever 107,836 units, up 41.5% YoY

This is the first time that sales for Suzuki have crossed the mark of 100,000 in a given month

Suzuki Motorcycle India's sales jump 18.7% at 80,737 units in June

Suzuki Motorcycle India Pvt Ltd on Monday reported an 18.7 per cent year-on-year growth in total sales at 80,737 units in June. The company had sold 68,018 units in June 2022, Suzuki Motorcycle India Pvt Ltd (SIMPL) said in a statement. SIMPL, Executive Vice President, Sales, Marketing and After Sales, Devashish Handa said the June sales growth reflected robust demand in domestic and overseas markets.

Suzuki Motorcycle expands retail footprint in TN, launches 4th facility

Japanese two-wheeler manufacturer Suzuki Motorcycle India Pvt Ltd has expanded its retail footprint in Tamil Nadu with the inauguration of fourth premium dealership facility in Coimbatore, the company said on Friday. The new outlet - Adharvaa Suzuki - is located on Avinashi Road, Peelamedu, Coimbatore. Suzuki Motorcycle India currently has 518 premium dealerships across the country. "In our continued effort to make Suzuki two-wheelers increasingly accessible to the consumers, we are elated to inaugurate a new premium dealership in Coimbatore," said company MD Kenichi Umeda. "Our commitment remains strong to the Indian market. Looking at the growing demand of Suzuki two-wheelers in Coimbatore, we have decided to open a new dealership to provide the best possible service and an unparalleled buying experience," he said. Suzuki Motorcycle India currently has three dealerships one each in Sathy Road, Mettupalayam Road and Trichy Road in Coimbatore, the release said.

Suzuki Motorcycle India announces appointment of Kenichi Umeda as new MD

Suzuki Motorcycle India Pvt Ltd on Tuesday announced the appointment of Kenichi Umeda as its new Managing Director. Umeda succeeds Satoshi Uchida, who has completed his term as the Managing Director of the company, Suzuki Motorcycle India Pvt Ltd (SMIPL) said in a statement. He will be responsible for the further growing and strengthening Suzuki Motorcycle India's position in the Indian and overseas markets. He brings with him over 27 years of valuable industry experience across various global markets, it added. India is an important market for Suzuki. Delivering innovative products and solutions that meet the evolving needs of customers has been the priority for Suzuki Motorcycle India since its inception, Umeda said about his new role.

Two-wheeler maker Suzuki Motorcycle sales jump 49% to 97,584 units in March

Two-wheeler maker Suzuki Motorcycle India has posted a 49 per cent jump in its vehicle sales at 97,584 units in March over the same month of 2022, the company said on Sunday. The company sold 73,069 units in the domestic market and exported 24,515 units in the previous month, Suzuki Motorcycle India Pvt Ltd (SIMPL) said in the statement. SMIPL sold a total of 65,495 vehicles in March 2022. For the full fiscal 2022-23, the total sales were up 24.3 per cent at 9,38,371 units from 754,938 units retailed in the financial year that ended March 31, 2022, the company said. "Suzuki Motorcycle India was able to attain a remarkable sales achievement in March by registering the highest ever monthly sales of 97,584 units. This translated to a year-on-year growth of 49 per cent as compared to March 2022, said Devashish Handa, Executive Vice President for sales, marketing and after-sales at Suzuki Motorcycle India Pvt Ltd. For the fiscal year 2023, the company registered a double digit sales gr

Suzuki Motorcycle ties up with Standard Chartered to give funds to dealers

Suzuki Motorcycle India on Wednesday said it has joined hands with Standard Chartered Bank to provide wholesale funding to its dealer partners for vehicles and spare parts. The initiative will support the company's dealer partners across the country and enable them to expand their businesses and operations, the two-wheeler maker said in a statement. "As a responsible company, we are committed to support our dealer partners so that they can meet their financial requirements. This programme is a testament to our commitment, and we look forward to a successful partnership with Standard Chartered Bank," Suzuki Motorcycle India Executive Vice President, Sales, Marketing and After Sales Devashish Handa noted. Standard Chartered Bank Regional Head Global Subsidiaries, India and South Asia, Corporate, Commercial and Institutional Banking Chandandeep Kaur said the bank is committed to support businesses in India by providing them with the necessary financial tools and developing customised .

Suzuki Motorcycle launches scooters compliant with latest emission norms

Suzuki Motorcycle India on Wednesday said it has launched a range of scooters, which conform with the upcoming stricter emission norms, priced between Rs 79,400 to Rs 97,000 (ex-showroom Delhi). The company's 125cc scooters, including Access 125, Avenis and Burgman Street, get the latest on-board diagnostics (OBD2-A) system. Suzuki has also introduced E20 fuel-compliant engines on the Access 125, Avenis and Burgman Street range. "Suzuki's powerful 125cc engine which delivers high performance and has been ruling riders' hearts is now E20 (petrol with 20 per cent ethanol) and OBD2-A compliant. We plan to gradually make our entire product portfolio compatible to E20 fuel," Suzuki Motorcycle India Executive Vice President (Sales, Marketing and After Sales) Devashish Handa said in a statement.

Harley back in saddle: Rides with Hero for 'most affordable' bike

The mid-segment bike will be the first among several models planned, will be sold separately by both companies under their own brands

Haryana CM approves special package of incentives for Suzuki Motorcycles

Haryana Chief Minister Manohar Lal Khattar accorded approval for a special package of incentives amounting to Rs 67.62 crores for Suzuki Motorcycles India Pvt Ltd (SMIPL)

Suzuki Motorcycle drives in all new V-Strom SX tagged at Rs 2.11 lakh

Suzuki Motorcycle India on Thursday said it has launched a 250cc sports adventure tourer V-Strom SX in the India market priced at Rs 2.11 lakh (ex-showroom, Delhi)

Suzuki introduces standard edition of Avenis scooter at Rs 86,500

The standard edition of Avenis is equipped with an external hinge type fuel cap for ease of fuelling, large under-seat space and body mounted LED headlamp

Suzuki Motorcycle reports 6.3% decline in March sales at 65,495 units

Exports were at 14,761 units in March 2022 as compared to 9,170 units in the year-ago month, the company said in a statement

Suzuki Motorcycle reports 8% growth in January sales at 70,092 units

Exports last month stood at 9,469 units as against 7,865 units in January 2021

Suzuki Motorcycle rolls out 6 millionth unit from Gurugram facility

Suzuki Motorcycle India on Monday said it has rolled out six millionth vehicle from its Gurugram-based manufacturing facility. The company sells a range of products including Access 125, Gixxer 250 and 150 series, Burgman Street and the recently introduced Avenis 125. "This year marks the completion of Suzuki Motorcycle India's 15 years in the country. It is indeed heartening to also announce the roll out of our six millionth Suzuki two-wheeler product in India from our Gurugram plant," Suzuki Motorcycle India Managing Director Satoshi Uchida said in a statement. This six millionth milestone is a testament to the company's continued commitment to provide superior value to customers in India, he added. "We are delighted that we could reach this landmark despite the challenges thrown by the second wave and the global semiconductor shortage across the world," Uchida stated.

Suzuki Motorcycle's total sales up 27% in August at 73,463 units

Suzuki Motorcycle India Pvt Ltd (SMIPL) on Wednesday reported a 27 per cent increase in total sales at 73,463 units in August 2021. The company had sold 57,909 units in the same month last year, SMIPL said in a statement. Domestic sales in August were at 61,809 units while exports stood at 11,654 units, it added. Commenting on the sales performance, SMIPL Managing Director Satoshi Uchida said, "With the unlock phase, the two-wheeler industry is now marching towards normalcy while continuing to adhere to all the precautionary measures. As a result, the customer sentiments are improving day by day which is positive news for the industry.

Suzuki Motorcycle's total sales up over two-fold at 73,083 units in July

Suzuki Motorcycle India Pvt Ltd (SMIPL) on Monday reported an over two-fold increase in total sales at 73,083 unit sales in July 2021

Suzuki Motorcycle India looks to boost exports to developed markets

Suzuki Motorcycle India is planning to cash in on the demand of Indian model in global markets as it looks to boost exports to developed markets