Suzuki Fosters 59% Growth in North American Motorcycle Sales

Suzuki Motor Corp. experienced a 59% increase in North American motorcycle sales for the three-month quarter ending in June, compared with the prior-year period, the company reported in earnings late Wednesday.

The Japanese automaker drove sales of 9.4 billion yen ($85.4 million) in the North American motorcycle segment, the company reported. Yet, the North American market remains a small part of the company’s 61.6 billion yen motorcycle segment worldwide.

Meanwhile, the OEM’s marine and power products segment saw a slight 1.3% dip in sales year over year during the quarter.  

Brea, Calif.-based Suzuki Motor of America Inc. has financing partnerships with Roadrunner Financial, Synchrony Financial, and Sheffield Financial — which just posted a 4% rise in originations.

Back in April, the manufacturer extended its line of credit with Wells Fargo Commercial Distribution Finance in order to maintain inventory financing levels.

Suzuki also recently launched its “Summer Suzukifest” sale, which includes offers of as low as 0% financing for 36 months — valid on an amount financed of $1,500 or more — on select new, untitled Suzuki powersports models made between July 1 and Aug. 31. The offer is valid on installment loans by Sheffield Financial.

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