Suzuki Motorcycle India's Sales Rise 24.36% in December 2023

Published at January 7, 2024 by BikeJunction

Suzuki Motorcycles has recently launched its December sales and saw an increase in YoY sales of vehicles by 24.36%. They have sold 15,571 more vehicles than last year’s 63,912 units. However, in MoM sales, 79,483 units were sold in comparison to 89,338 units in December 2023.

Suzuki 2W Sales	Dec-23	Dec-22	Diff	Growth % YoY	% Share Dec 2023
Domestic	69,025	40,905	28,120	68.74	86.84
Export	10,458	23,007	-12,549	-54.54	13.16
Total	79,483	63,912	15,571	24.36	100.00

Suzuki has seen a hike of 68.74% in domestic sales reports. It has registered sales of 69,025 units this year and 40,905 vehicles in December 2022. Apart from this, the brand sold 23,007 units in December 2023, whereas in this year, 10,458 vehicles were sold.

Suzuki 2W Sales	Dec-23	Nov-22	Diff	Growth % MoM	% Share Nov 2023
Domestic	69,025	73,135	-4,110	-5.62	81.86
Export	10,458	16,203	-5,745	-35.46	18.14
Total	79,483	89,338	-9,855	-11.03	100.00

In the month of November 2023, it sold 4,110 fewer vehicles and saw a decline of 5.62% in domestic sales. Moreover, in export sales, it decreased by 35.46%.

Month	Suzuki 2W Sales 2023	Suzuki 2W Sales 2022	Diff	%
Jan	66,205	60,623	5,582	9.21
Feb	52,455	58,603	-6,148	-10.49
Mar	73,069	50,734	22,335	44.02
Q1	1,91,729	1,69,960	21,769	12.81
Apr	67,259	54,327	12,932	23.80
May	67,040	60,518	6,522	10.78
Jun	63,059	52,928	10,131	19.14
Q2	1,97,358	1,67,773	29,585	17.63
H1	3,89,087	3,37,733	51,354	15.21
Jul	80,309	60,883	19,426	31.91
Aug	83,045	64,654	18,391	28.45
Sep	83,856	72,012	11,844	16.45
Q3	2,47,210	1,97,549	49,661	25.14
Oct	84,302	69,634	14,668	21.06
Nov	73,135	63,156	9,979	15.80
Dec	69,025	40,905	28,120	68.74
Q4	2,26,462	1,73,695	52,767	30.38
H2	4,73,672	3,71,244	1,02,428	27.59
Total	8,62,759	7,08,977	1,53782	21.69

Here are the highlights of CY sales of Suzuki Motorcycles:

Suzuki Motorcycle’s sales increased by 21.69% compared to 2022.
The company sold a total of 8,62,759 units in 2023.
Sales grew in every month of the year except February.
Most growth was seen in the second quarter, with sales up 27.59%.

Before you go, don’t forget to check out the Hero December 2023 sales.

Are you searching for a new bike? Explore bikejunction & compare your choice of bike, we will help you out with a bike loan. Select your bike according to category and other specifications on Bike Junction with just one click. Follow our news section or Social Media handles to get the latest news & updates related to the bike industry in India.

Follow us for the Latest Bike Industry Updates

Facebook - https://bit.ly/BikeJunction_offl_fb
Instagram - https://bit.ly/BikeJunction_ofl_insta
Twitter - https://bit.ly/BikeJunction_ofl_twitter