Honda Malaysia Sdn. Bhd. (HMSB), a Honda automobile production and sales joint venture in Malaysia, has begun
construction of a second automobile production line at the existing
auto plant in Malacca, Malaysia. On the second line, which is scheduled
to begin operation before the end of 2013, HMSB is planning to produce
mostly small-sized vehicles such as Jazz (known as Fit in Japan), and
hybrid vehicles.
Malaysia is the Honda’s largest hybrid vehicle market in Southeast Asia
today, with a further increase in demand for hybrid vehicles expected.
At the end of this year, HMSB will begin local production of hybrid
vehicles using the existing production line. HMSB will begin production
of the Jazz Hybrid, which is currently being imported from Japan, on the
existing line, with production to be transferred to the second line
when it becomes operational in 2013.
HMSB, which became the largest hybrid vehicle seller in Malaysia in 2011
with sales of approximately 4,600 units, plans to sell approximately
10,000 units in 2012.
The annual production capacity of the second line is planned to be
50,000 units, doubling HMSB’s overall production capacity from the
current 50,000 units with the first line to 100,000 units. The total
investment on the second line is expected to be 350 million Malaysian
ringgit (US$111 million).
Source: Green Car Congress
Thursday, July 19, 2012
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