NEW DELHI, Sept 23 (Reuters) - Japan's Suzuki Motor Corp. will begin making two-wheelers in India by the end of 2005 through a new joint venture in which it will have a 51 percent stake, the chairman of partner Maruti said on Thursday. "The new plant will have a capacity of 250,000 units per year. There will be one scooter and one motorcycle model," Maruti Udyog Ltd. Chairman Shinzo Nakanishi told reporters at a news conference after Maruti's board meeting.
Premium Content (PAID Subscription Required)
"Suzuki to hold 51 pct of Indian two-wheeler unit" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.