Suzuki Motorcycle sales up 62% in July at 40,038 units

Suzuki Motorcycle India Pvt Ltd (SMIPL) today reported a 62 per cent increase in sales at 40,038 units in July.

The company had sold 24,703 units in the same month last year, SMIPL said in a statement.

"The growth was fuelled by a strong domestic performance, where the sales for Suzuki two-wheelers grew by 78 per cent over last year," it said.

For the ongoing fiscal, SMIPL said it would be targeting sale of 5 lakh units for which it was gearing up its product line-up, expanding dealership networks and also becoming aggressive on exports.

Suzuki has a stronger positive outlook for the future and expects to maintain its growth momentum in this fiscal, the statement said.