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Suzuki closes plant in Malaysia.
17 Aug
(marketingmagazine.com.my) – Suzuki Motor has shut down its motorcycling assembly plant in Penang because of weak demand.
The motorcycles will be exported from Japan from now on, Nikkei Asian Review reported. It also reported the plant had its annual output halved to around 8,000 units in 2015, compared to 2013.
29 Malaysian Suzuki dealerships have been converted to Proton Edar outlets since January this year, with Suzuki ending sales of its own brand models in Malaysia.
All these outlets still carry both the Proton and Suzuki logos, and all Suzuki customers in Malaysia will still be able to get their vehicles serviced and repaired at these outlets.
This move also allows Suzuki dealers to sell Proton cars from their dealership outlets.
This is the result of Suzuki signing the Memorandum of Understanding and License Agreement between the three parties, Proton, DRB-HICOM and Suzuki on June 15 last year.
Suzuki Assemblers Malaysia Sdn Bhd was established in 1971 and the plant is located at the Prai industrial area in Penang.
In February, Samsung TV shut down its Seremban plant while British American Tobacco closed its Petaling Jaya plant in March.
Four years ago, Suzuki decided to declare Chapter 11 bankruptcy and shut down their American Suzuki operations.
It subsequently closed its motorcycle plant in Gijón, Spain which had been manufacturing motorcycles and scooters since 1984.
Meanwhie, Boon Siew Honda Sdn Bhd targets a higher motorcycle sales of 120,000 this year from 90,000 last year, follwing the launches of a few new models.
Total motorcycle registrations in the April-December period last year dropped 19.22% to 261,851 units from 324,180 in the corresponding period in 2014.
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