Suzuki Sale March 2022 – Burgman, Gixxer, Avenis, Access

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Suzuki Motorcycle India Pvt. Ltd. (SMIPL) Reports Sales Drop for March 2022, Closes FY22 Strong

Suzuki Gixxer Sale March 2022
Image – MRD vlogs

Suzuki 2W sales in March 2022 were a bit of a mixed bag. Domestic sales declined and exports gained. Domestic sales last month were reported at 50,734 units, down from 60,222 units. Volume gains stood at 9,488 units, down 15.76 percent. Of the total turnover, the domestic activities accounted for more than three quarters of the volume.

Last month, Suzuki Two Wheeler exports peaked at 14,761 units from 9,720 units. Volume gain was just over 5,000 units with a growth of 51.86 percent. Total sales in March 2022 are reported at 65,495 units, down from 69,942 units.

With a decline of 6.36 percent, volume loss was 4.4k units. Given current trends at Suzuki, March 2022 sales were the quarter’s lowest. Sales trend deviated slightly from the usual growth figures reported by Suzuki 2-wheelers in recent months.

Suzuki Sale March 2022 – MoM Demarcation

Taking into account the drop in March 2022, MoM sales are also reported to be declining. In February 2022, 58,603 units were sold. MoM volume loss was 7,869 units, down 13.43 percent. MoM exports improved 8.56 percent, compared to 13,597 units. Volume gain is reported at 1,164 units. MoM total sales decline is reported at 9.29 percent, down from 72,200 units. The volume loss amounted to 6,705 units.

Suzuki Sale March 2022
Suzuki Sale March 2022

Through Q1 2022, Suzuki Two Wheeler domestic sales are reported at 1,69,960 units, down from 1,76,756 units in Q1 2021. Volume loss was 6,796 units, following a 3.84 percent decline in sales. Exports have improved by more than 25 percent in the past three months.

Cumulative exports in the first quarter of 2022 rose to 37,827 units from 29,717 units. Volume gain is reported at 8,110 units with growth of 27.29 percent. For the quarter just ended, domestic sales accounted for nearly 82 percent of total sales. Total sales in the first quarter of 2022 are reported at 2,07,787 units, just over 2,06,473 units. Volume profit came in at 1,314 percent with growth of less than 1 percent. The overall growth is attributed to improved exports.

Suzuki FY22 . Sales Growth

For its fiscal year just ended, FY22 (April 2021 – March 2022), SMIPL reports cumulative sales of 754,938 units, compared to 591,846 units sold in the prior fiscal year. The overall result is positive with a growth of 27.6 percent.

Satoshi Uchida, Managing Director of Suzuki Motorcycle India Pvt Ltd. said: β€œIt is very satisfying that despite the challenges and supply chain issues posed by COVID-19, we have successfully registered 27.6% sales growth in FY 2021-22. This growth reflects that our products have been well received by our In addition, the sales response to our recently launched scooter, Avenis, has been overwhelming. We are grateful to all our customers and dealer partners for their trust and belief in the brand, and for making Avenis a successful product in just a few months.”