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Suzuki Reports Q1 2013-2014 Results

Suzuki reported an 18.5% increase in net sales from its motorcycle business in its first quarter ended June 30, 2013. Suzuki reports sales of 70.5 billion yen (US$710.1 million) from its motorcycle business, an increase from 59.5 billion yen reported in the same quarter last year. Unfortunately, despite increasing revenue, Suzuki’s motorcycle operations still remains in the red, operating at a loss of 2.7 billion yen (US$27.2 million) compared to a loss of 3.5 billion yen in the first quarter last year.

Volkswagen Buys 20 Percent Share in Suzuki

Months of rumors and a more credible report yesterday have culminated in the official news that Volkswagen will take a 20 percent share in Japanese automaker Suzuki, worth $2.5 billion. Volkswagen has its sights set on becoming the world’s largest automaker and with Suzuli’s small-car expertise, it hopes to make a large expansion into developing markets, like India. The news comes just a day after VW officially took a 49.9 percent stake in Porsche.

2014 WSBK – Phillip Island Results

When he signed with the team, Eugene Laverty said he would give all he possibly could to bring Suzuki back to the top of the podium once again. Well, it sure didn’t take the Northern Irishman long to accomplish that goal, winning the very first race of the 2014 season at Australia’s Phillip Island course. The win was Laverty’s third in a row, including the final two races of the 2013 season when he raced for Aprilia.