Kawasaki’s North American sales dip 39 percent
Kawasaki’s North American sales in North America have dropped 39 percent for its first three quarters compared to a year ago, the company said in its latest earnings report.
That total revenue for North America of $1.1 billion includes all of the company’s products, including powersports sales.
The company, as a whole, has seen a 16 percent drop in sales, with total worldwide sales of $8.6 billion. During this first three quarters, the company suffered a net loss of $112 million after reporting earnings a year ago.
The segment of the company that includes powersports new units, consumer products and machinery, is reporting a decline of sales of 39 percent from a year ago. Besides shipbuilding, Kawasaki is reporting revenue declines in each of its other segments as well.
