Suzuki Motor Corporation has just founded new production facilities in the Phillipines in an investment of 2.
1 billion Yen – about 19 million euros.
The new Phillipines motorcycle production plant will start operating in June 2012 under the Suzuki Phillipines Incorporated business.
It’s SMC’s production branch for the country and originally started production back in 1985.
The new plant should increase Suzuki’s production from the 85,000 units made from April 2010 to March 2011 and give it a larger share of the Phillipines motorcycle market, which registered 760,000 units in 2010.
That’s a year-on-year growth of 19 percent.
Suzuki’s new production plant will have a capacity of about 200,000 units a year.
With news that Honda is expanding its production in Vietnam, developments that could lead Bajaj to a 49 percent stake in KTM and Yamaha pulling out of the world Superbike championship – following Ducati in 2010 and Kawasaki from the MotoGP in 2008, it seems that it could be Asia to save the world motorcycle markets at this stage.
Bajaj and KTM have managed a joint production effort with the KTM 125 Duke, but where are the high profile Asian riders (not just from Japan) and more joint product development…?
Can you believe that Prince William waited almost a decade before putting a ring on Kate Middleton's finger? But apparently, the reason behind his patience was all about giving his lady love "the best chance" possible. Talk about being a true gentleman!
When you travel to a different city, either for business or for holidays, you should always look for a way to comfortably move to the places you are going to visit, which can be done by hiring the services of a rental car. It is an effective form of transport that is easily accessible, even at the airport of arrival.
The ministry announced that obtaining a possible immunity certification could also eliminate social distance.
Following a petition by a Labour MP, Robert Milligan Statue was taken down by JCB.
The seal, nicknamed Freddie Mercury, who became popular after his numerous appearances by the Thames, has been euthanised after a dog attacked him on Sunday.
The 19-years-old is supposed to have left his home around 8.30 pm on March 22.