According to a report in Japan’s Yomiuri Shimbun newspaper, Kawasaki plans to begin moving production of its large-displacement motorcycles from the company’s main Akashi Works factory in Japan to its existing facilities in Thailand next year in order to cut production costs. The motorcycle manufacturers have been suffering heavy losses due to sluggish sales in the current sagging economy, forcing them to look for various methods to cut costs, and moving production facilities to countries with lower labor and operating costs is a common step. To read the rest of the article: http://www.sportrider.com/news/146_0908_kawasaki_moves_large_motorcycle_production_to_thailand/index.html
|Tuesday November 11, 2008|
Kawasaki Heavy Industries (KHI), the parent company of Kawasaki Motors Corp. U.S.A, reported decreased sales and net income for its first half.
KHI had $6.3 billion in sales, a near 7 percent drop from the previous-year period for its first half, which ended Sept. 30. Net income fell nearly 38 percent to $125 million.
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