MOTORCYCLE INSURANCE NEWS - from the bike insurance specialist

Tuesday 5th February 2008

Yamaha Motor Co. (the world's second- largest motorcycle manufacturer), plans to increase production capacity at its factories in Indonesia by 25% by 2010 to meet growing demand in the country for motorcycles.

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The company will raise annual output capacity in the country to around 3 million motorcycles from the current 2.4 million, company spokesman Takashi Kitagawa said in a telephone interview today (It currently has two factories in the country). The plan is part of three-year business plan to be released later today.

Yamaha will spend 10 billion yen ($98 million) to increase capacity - the Nikkei newspaper reported earlier today - without saying where it obtained the information. Indonesia is the world's third-largest motorcycle market, with sales of 5 million units in 2007.

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[ 2008 motorcycle insurance news archive ]