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Suzuki Forecasts 9% Increase in North American Sales in 2011-2012 Fiscal Year

Suzuki Motor Corporation released its forecast for the fiscal year ending March 2012, predicting a 9.4% increase in worldwide motorcycle unit sales including a 9.0% increase in the North American market. The fiscal forecast, delayed from Suzuki’s previous quarterly report in May because of the uncertainty caused by the March 11 earthquake, paints a positive picture for the current fiscal year. Suzuki forecasts sales of about 55,000 units in North America, an increase from about 50,000 units sold the previous fiscal year.

Philippine Superbike Champion in Fatal Accident

Four-time Philippines national superbike champion Maico Greg Buncio has succumbed to injuries suffered in a high speed crash May 14 in a qualifying session at the Clark Speedway Racing Circuit. According to the Philippine Daily Inquirer, the 22-year-old Suzuki factory racer high-sided after his GSX-R600 ran over some debris on the track. Maico reportedly rolled into an unfinished barrier and was pierced by a protruding steel bar.

Dropped Suzuki Dealerships Represented Only 2.5% of Retail Sales

American Suzuki raised some eyebrows after news broke yesterday the company was cancelling franchise agreements with numerous dealerships in the U.S. The company was already under close scrutiny after making the bold decision to quit selling cars to focus on powersports when it filed for Chapter 11 in November. Reducing its dealer network appears to go against that idea, at least on the surface.