Suzuki retailers in 2023 record profit

Suzuki UK and Ireland director Dale Wyatt has revealed retailers recorded record net profits in the first half of 2023, with average return on sales improving to 2.6%.

The average solus Suzuki retailer has a 3.3% return on sales – and the upper quartile are enjoying a 5.4% return.

Average net profit is up 50% year-on-year.

Wyatt said retailers were on track to deliver his ‘3-2-1’ objective by the end of this year: 3% return on sales, 2% market share, number 1 in trust. “I take my hat off to the Suzuki dealer network… they are delivering on our ultimate goal which is to achieve profitable growth through customer centricity.”

* Read our interview with Dale Wyatt here: https://tinyurl.com/3rp6k96y