Honda To Build New Motorcycle Plant In Philippines
by Steve
Wednesday, February 09, 2005
Honda announced that it will build a new manufacturing plant in the Philippines. Apparently, the demand for motorcycles there is so big, that they can't keep up:
Honda's move to bolster its production base in the Philippines comes amid strong growth in demand for motorcycles there.
The company said the local motorcycle market grew to 475,000 units in 2004, up 53% from 2003, and it projects the market will increase to 600,000 units this year.
Honda says the new plant will have an initial annual production capacity of 500,000 units. But according to the statement above, the demand is projected to be 600,000 units this year (2005). So, it sounds like motorcycles will continue to be a hot commodity in the Philippines.
Labels: Honda, Manufacturing, Philippines
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Yamaha Builds Motorcycle Parts Factory in Vietnam
by Steve
Tuesday, January 11, 2005
Yamaha Motor Co., Ltd. announced that it will build a new subsidiary in in Hanoi, Vietnam, to produce engine parts for motorcycles. Yamaha made the decision in response to increasing sales of motorycles in Vietnam. The new plant will have the capacity to produce one million die-cast motorcycle engine parts, such as cylinder heads, and 900,000 steel parts, such as gears and transmissions.
Construction will begin in February 2005, and operations are expected to start in January 2006.
Labels: Manufacturing, Vietnam, Yamaha
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More Motorcycles Are Being Built in China
by Steve
Monday, December 27, 2004
An article published today on China Daily reports that Honda and Yamaha plans to build more motorcyles in China. Honda announced that both motorcycle production in China and sales in China are expected to increase by 33% this year.
Honda also said its motorcycle exports from China will reach 220,000 units this year, an increase of 29 per cent from 2003.
Honda currently runs three motorcycle joint ventures in China with Hainan Sundiro Motorcycle Co Ltd, Guangzhou Automobile Group, Jialing Industries Co Ltd. It could very well be right now that the shiny new Rune you've been looking at was not even built by Honda, but by one of those three Chinese motorcycle builders.
Yamaha has goals to produce 1 million motorcycles in China by 2005 and increase output to 4 million units by 2010 through collaborations with local partners. It looks like future Roadstars may soon become Chinese.
Overall, China built and exported about 3 million motorcycles during the first 11 months of this year, up more than 30 per cent from a year earlier.
Labels: China, Made in China, Manufacturing
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