Honda to merge motorcycle, parts production biz in PH

MANILA: Honda Philippines Incorporated (HPI) bared plans of creating a merger with its sister company, with Honda Parts Manufacturing Corporation (HPMC).

The leading motorcycle distributor in the country shared that the soon-to-be-formed coalition, is aimed at “consolidating the strengths of both organizations” — allowing the marque to turn into an even more integrated, efficient, and sustainable organization in the country.

Per HPI, this integration, the organizational alliance also forms part of Honda’s long-term vision to secure the number one market share in the Philippines.

“This initiative is a strategic step towards maximizing our production capabilities and enabling Honda to contribute more significantly to Philippine society,” HPI President Takeshi Kobayashi said.

“The Philippine motorcycle market is growing rapidly, and we believe this merger will allow us to better respond to demand and strengthen our presence as a mobility solutions provider,” he added.

Before officially creating the fusion, the two companies will secure approval from the Securities and Exchange Commission (SEC) on the Plan of Merger.

“Once approved, the merged entity will combine the robust manufacturing capabilities of both companies, creating a more integrated and flexible organization. This will reinforce Honda’s capacity to serve the increasing demand for both motorcycles and power products in the country and marks the beginning of a stronger, more unified Honda, geared to deliver greater value to all our stakeholders,” the firm said in a statement.

The announcement came after HPI has launched the all-new Navi — which further expanding its roster for the local scooter line. below are some of Honda’s notable offerings: 

Scooters	Honda BeAT Honda Giorno+ Honda Click125 Honda Click160 Honda PCX160 Honda ADV160 Honda ADV350
Big bikes	Honda NX500 Honda XL750 Transalp Honda X-ADV Honda CRF1100L Africa Twin Honda CB500 Hornet Honda CB650R Honda CB1000 Hornet
Electric motorcycle	Honda EM1 e: Honda CUV e:

Also read: 

Honda PH highlights off-road motorcycles’ capabilities with latest Trail Ride in North Luzon

Honda PH unboxes Winner X

Honda PH furthers stride towards sustainability with EM1 e:

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