Yamaha Motor plans new motorcycle factory in Indonesia-paper

Newswire

JAKARTA, Feb 25 (Reuters) - Japan's Yamaha Motor Co plans to build a new motorcycle factory near Jakarta for investment of 10 billion yen ($122.07 million) to meet growing demand, an Indonesian newspaper reported on Friday. Yamaha, the second biggest motorcycle seller in Indonesia, sold 276,586 units in January, when total industry sales rose 32 percent from the previous year, according to industry data. The new factory will produce 300,000 motorcycles a year with the aim of making the ...

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