Suzuki Motorcycles is in a fast line. Following the strong increased reported in the previous year, In 2023 the trend is positive and after the first nine months, sales have been 0.9 million (+11.3%), projecting the year at the best out of last 20 years.
McD tracks new vehicles registrations across the World (over 85 countries), reporting data on calendar year. When you wish to compare data reported by us to those declared by the manufacturers, consider they usually report their “sales” (vehicles invoiced), which are usually different from “registrations”, accordingly with their fiscal year split.
Suzuki Global Sales Trend
Suzuki ranks as the seventh largest motorcycles/scooter manufacturer in the World, considering annual global registrations.
Global sales improved between 2015 and 2019 from below 1 million to 1.4 million, before the covid 19 spread around the world, with sales declined back at 1 million in 2020.
In 2021 Suzuki has taken a positive pathway again with sales at 1.36 in 2022.
In 2023 the trend is positive and after the first nine months, sales have been 0.9 million (+11.3%), projecting the year at the best out of last 20 years.
The performance was driven up by the success in the two largest country for Suzuki, India (+18.9%) and China (+7.1%). Together these two markets counts 61.3% of the total.
Sales are negative in ASEAN (-1.6%), in Latin America (-1.6%) and in the Pacific area (-8.1%).
A great performance is in place in Europe with sales growing a huge 37.2%.