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Wednesday, 05 October 2016 20:24

Once rivals, Honda, Yamaha Motor announce scooter tie-up

Written by http://ca.reuters.com

Honda, Yamaha TOKYO (Reuters) - Japan's Honda Motor Co Ltd 7267.T and Yamaha Motor Co Ltd 7272.T on Wednesday said they were joining forces to develop scooters for the domestic market, burying the hatchet on a decades-old rivalry and consolidating production in response to a shrinking motorcycle market.

Honda, the world's largest motorcycle brand by sales, said it would start producing Yamaha's 50-cc engine scooter models for the domestic market at its plant in southern Japan by the end of 2018, based on the manufacturing platform for Honda's small scooter models. READ ON

 

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