Honda says to raise output of new scooter

Japan’s Honda Motor Co said on Friday it will increase annual production of its new 125 cc PCX motorcycle model by 30 percent to 60,000-70,000 units.

Japan’s Honda Motor Co said on Friday it will increase annual production of its new 125 cc PCX motorcycle model by 30 percent to 60,000-70,000 units.

Sales of the model have been better than expected in Japan, Europe and Vietnam, a company spokeswoman said.

To boost PCX production without affecting the output of other products, Honda will extend its hours of overtime operations at its Bangkok unit – Thai Honda Manufacturing Co, the spokeswoman said.

Honda eventually plans to introduce more than 10 different motorcycle models which can be sold across different markets worldwide, according to the Nikkei business daily. Rival Yamaha Motor is pursuing a similar strategy, the paper said. – Reuters

Tags: ,

Posted by VBN on Oct 8 2010. Filed under Automotive. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

You must be logged in to post a comment Login

Stay informed everyday

Subscribe to free RSS and email updates from Vietnam Business News

Subscribe via Email Subscribe in a Reader Follow us on Twitter Connect on Facebook

RSS China Business News

  • India gold futures recovered partially on Thursday afternoon
  • Gold price stood above VND47 million a tael (1.2 ounces) on September 8
  • UBS AG hiked its gold forecast for next year by 50% to $2,075 a troy ounce
  • U.S. gold futures contract rose 1.6 percent to $1,846.6 after 3 pct drop
  • Gold price witnessed a decline of Rs 240 per sovereign on Thursday
  • Gold futures regained strength on Thursday
  • Russia’s gold and foreign exchange reserves rose to $543.4 billion
  • Gold price rebounds after overnight dips as bargain hunters step in

Sponsored

Looking for an overseas forex broker?