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Kawasaki Quits MotoGP Racing

  • Mylae
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Kawasaki Quits MotoGP Racing
« on: January 11, 2009, 06:15:03 AM »

Friday, 09 January 2009
2wf.com



Kawasaki Heavy Industries, Ltd. announced today that it has decided to suspend its factory MotoGP racing activities from 2009 season.

Amid quickly changing business environment, Kawasaki has been promptly taking countermeasures to cope with the situation. As the world economy is not likely to recover in a short period due to the major impact of the financial crisis, Kawasaki decided to suspend its MotoGP racing activities from 2009 season onward and reallocate management resources more efficiently.

Kawasaki will continue racing activities using mass-produced motorcycles as well as supporting general race-oriented customers.

Kawasaki would like to thank all the fans and all those who have forwarded us great help.

Mr.Yoshio Kawamura, the Managing Director of Kawasaki Motors Racing B.V. deeply appreciates the contribution and the dedication brought by staff members of the MotoGP team.



With Kawasaki pulling out of MotoGP, John Hopkins and Marco Melandri – the two riders who’d signed on to ride for Team Green in 2009 – will be left out in the cold. And since Ducati, Yamaha, Honda and Suzuki seem to have all their riders in place already, it doesn’t look like the Kawasaki duo will find other MotoGP rides for 2009.
« Last Edit: January 11, 2009, 07:10:31 AM by Mylae »
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  • Bishal
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Re: Kawasaki Quits MotoGP Racing
« Reply #1 on: January 12, 2009, 10:07:49 AM »
 nono very bad news Sad
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Re: Kawasaki Quits MotoGP Racing
« Reply #2 on: January 12, 2009, 10:11:10 AM »
poor kawasaki duo's..............current world economy crisis has engulfed moto gp too........very sad to hear man.....!! Sad Sad
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Re: Kawasaki Quits MotoGP Racing
« Reply #3 on: January 13, 2009, 11:33:46 AM »
poor thing..hope kawaski will b back next year
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Why do i Race,is hard to say...The world says i chose my Machine but truth is The Machine Chose me..
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Re: Kawasaki Quits MotoGP Racing
« Reply #4 on: January 18, 2009, 07:21:10 AM »
Quote from: xteremenrj on January 12, 2009, 10:11:10 AM
poor kawasaki duo's..............current world economy crisis has engulfed moto gp too........very sad to hear man.....!! Sad Sad


Last Year Honda announced that they are closing their companies in USA

Now the Economic crisis hammered Kawasaki as well. Now Honda company are left with no option



Honda to End Motorcycle Output at First U.S. Plant

By Bill Koenig and Alan Ohnsman

2007 Feb. 27 (Bloomberg) -- Honda Motor Co., the world's largest motorcycle maker, will stop producing its bikes in the U.S. next year, shutting its first factory in the country as the company focuses North American manufacturing on autos.

The 450 workers at the Marysville, Ohio, factory will be assigned to other Honda facilities in the state, with no layoffs, spokesman Ed Miller said. Their work will be shifted to Japan and the plant, which opened in 1979, will close in 2009's first half, Honda said in a statement.

``We're exploring all our options,'' including using the building to make parts or as a warehouse, Miller said. He called the plant ``the seed'' for Honda's U.S. operations. It's too small for auto production, Miller said.

Honda's U.S. automaking is centered in Ohio, with an expansion under way with a new vehicle-assembly plant in Indiana. The Tokyo-based company builds cars, light trucks and engines in Ohio. Honda increased its U.S. sales of cars and light trucks 2.8 percent last year, while the industrywide total fell 2.5 percent.

Last year, the company's Ohio operations produced 701,317 cars and light trucks at two plants, as well as 719,861 transmissions and 1.1 million automotive engines. The vehicle production was equivalent to almost half of the 1.55 million cars and light trucks Honda sold in the U.S. during 2007.

Honda built about 44,000 VTX and Gold Wing motorcycles in Marysville last year. The plant's output peaked in 1997, with 174,000 motorcycles and all-terrain vehicles. Production of the all-terrain vehicles was later moved to South Carolina.

Consolidating in Japan

The large and mid-sized motorcycles now built at Marysville and at a plant in Hamamatsu, Japan, will be consolidated at a new factory in Kumamoto, Japan, Honda said. The company will keep making motorcycles in El Salto, Mexico, for sale in that nation.

Honda's U.S. market share for large street motorcycles fell in 2007 to 14.2 percent from 15.1 percent a year earlier, according to data released last week by rival Harley-Davidson Inc. Honda couldn't confirm the figures.

The Marysville site for the motorcycle plant was chosen by company founder Soichiro Honda, who died in 1991. He considered it an experiment to see if the company could eventually produce autos in North America. Last year, Honda Motor built 1.02 million cars and light trucks in the U.S., Canada and Mexico.

``It's the seed that grew Honda in Ohio and the U.S.,'' Miller said.

The motorcycle factory is part of a vehicle manufacturing and development complex that includes two auto-assembly plants, Honda's U.S. vehicle research and development center and one of the largest test tracks in the country, spread across almost 10,000 acres of former soybean fields and cattle pasture.

The Greensburg, Indiana, auto plant that's under construction and slated to start up later this year will be Honda's sixth vehicle-assembly factory and 13th of all types in North America. The company also is building a jet factory in Greensboro, North Carolina.

Honda's American depositary receipts rose 16 cents to $32.10 at 4:07 p.m. in New York Stock Exchange composite trading.

Last Updated: February 27, 2008 16:14 EST

Source
http://www.bloomberg.com
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