FOREIGN REVENUE:Due to rapid sales growth, Sanyang wants to develop in China and Vietnam. Its subsidiary in China’s Xiamen sold nearly 110,000 units last year
Date: Feb 22, 2017
By: Kuo Chia-erh / Staff reporter
Automobile and motorcycle manufacturer Sanyang Industry Co (三陽工業) yesterday said it aims to capture 25 percent of the domestic motorcycle market this year, targeting annual sales of 200,000 motorcycles.
Sanyang, Taiwan’s third-largest motorcycle maker, commanded a 19.3 percent share of the local passenger vehicle market last year, company chairman Chang Hung-chia (張宏嘉) told a news conference in Taipei.
The company said it is generally upbeat about its sales outlook, even though total new motorcycle sales in Taiwan this year are forecast to decline by nearly 6 percent to 800,000. [FULL STORY]