2020 New Thailand Ktm Importer

Discussion in 'KTM Motorcycles Thailand' started by DavidFL, Jan 15, 2020.

  1. DavidFL

    DavidFL Administrator
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    After the a few disappointing attempts for KTM importers we have another one for 2020, with an investment of 400 million baht = these guys are serious!


    Malaysian-owned AAPICO Hitech, Sojitz Group form JV to penetrate Thai motorcycle market

    BANGKOK (Jan 9): Thailand’s leading automotive parts manufacturer and Malaysian-owned AAPICO Hitech PCL and Japanese trading company Sojitz Group have agreed to establish a joint-venture (JV) to penetrate the motorcycle sector in Thailand with an initial investment of 400 million baht.

    The newly established JV, Vroom Co Ltd, has been appointed the authorised importer and distributor of Bajaj, KTM and Husqvarna global motorcycle brands.

    President and chief executive officer (CEO) of Stock Exchange of Thailand (SET)-listed AAPICO, Yeap Swee Chuan, said it was a privilege to have been entrusted by Bajaj and KTM Industries AG to further strengthen their world-class motorcycle brands in Thailand.

    “AAPICO is extremely excited by the challenge of this new business venture, and we look forward to diversifying from the automotive industry into the motorcycle sector in 2020.

    “I believe that with our long-standing partner, Sojitz Group, and our experienced and very capable team at Vroom, AAPICO can achieve another milestone in its history,” he said in a statement here today.

    Bajaj is the world’s third-largest motorcycle manufacturer with a global presence in over 70 countries. The India-based company reported two-wheeler sales of more than 4.2 million units, out of which 1.7 million units were exported, and generated revenues totalling US$4.6 billion in the 2019 fiscal year.

    Meanwhile, Austria-based KTM Industries manufactures and distributes both KTM and Husqvarna motorcycle brands.

    As the largest motorcycle manufacturer in Europe and among the leading off-road and sport motorcycle manufacturers in the world, KTM Industries sold a total of 261,454 motorcycles in 2018 — 212,899 KTM and 48,555 Husqvarna — worldwide, a growth of 10 percent compared with the previous year, and recorded a revenue of €1.56 billion, another good performance for eight consecutive years.

    Meanwhile, President of Sojitz Autrans Corporation of Sojitz Group, Yoshiaki Ichimura, said the group was planning to introduce sporty models from the three brands into the Thai market.

    “We are confident that the sporty models will receive a warm welcome, especially by big bike enthusiasts,” he said.

    Vroom will be ably helmed by CEO Hideki Yanagisawa and chief operating officer Varot Kamolchotiros.

    Yanagisawa said Vroom would seek qualified partners to join its dealership network to ensure maximum coverage around the country.

    “Vroom is committed to becoming a customer-centric company and our top priority is to achieve complete customer satisfaction by offering motorcycle models that are on our customers’ ‘wish list’ and also provide them the best possible after-sales service. This will translate into immediate availability of spare parts and timely maintenance,” he said.

    Vroom plans to launch selected Bajaj, KTM and Husqvarna motorcycles at the Bangkok International Motor Show in March this year.

    Source: Malaysian-owned AAPICO Hitech, Sojitz Group form JV to penetrate Thai motorcycle market

    AAPICO Hitech Public Company
    AAPICO Hitech Public Company Limited
    AAPICO Hitech PLC was established in 1996 and was listed on the Stock Exchange of Thailand in 2002. The Company’s main businesses initially were to design, produce, and install car assembly jigs and stamping dies, and to manufacture OEM automotive parts, including floor parts, cross members, pillars, brackets, clips, and fuel tanks for leading automobile assemblers in Thailand. The Company has later progressed to produce plastic parts, forging and machining parts, and chassis frame components to its manufacturing portfolio.
    AAPICO Hitech PLC is operated under the management of Mr. Yeap Swee Chuan, President and CEO and founder of AAPICO Group. The Company has two factories located at Hitech Industrial Estate in Ayutthaya province and Amata City Industrial Estate in Rayong province. Its main customers are Auto Alliance (Thailand) (Ford and Mazda), Toyota, Ford and Isuzu.​

    Source: AAPICO Hitech Public Company Limited

    The board of directors is an impressive list of people
    AAPICO Hitech Public Company Limited
     
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  2. Oddvar

    Oddvar Ol'Timer

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    "The board of directors is an impressive list of people"
    So, still priced high, me think.:p
     
  3. Maha

    Maha Ol'Timer

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    Good news, hope this time KTM is successful to make country wide network and offer bikes & services with reasonable prices.
     
  4. Ian Bungy

    Ian Bungy Ol'Timer

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    They have a Factory in India making the Bikes so in Theory the Prices should be a bit more realistic as they should come under the Free Trade agreement? We will see at the Motorshow and that is only a couple of Months away! Last week of March first week of April! Should be interesting!
     
  5. Gregthemagnificent

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    My latest KTM, waiting for a Leo Vince slip on mufler to arrive, haven't taken in the dirt yet.

    IMG_20191221_131902.
     
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  6. blackb15

    blackb15 Ol'Timer

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    I’m a big KTM fan on my second one, and the 790 should be perfect for Thailand let’s hope the dealership works.
    Safe riding
     
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  7. Tubber

    Tubber Ol'Timer

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  8. Maha

    Maha Ol'Timer

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    I visited the KTM stand in the Bangkok motorshow last month. Unfortunately they didn’t have anything to tell: no idea which models will be imported, spare and service availability, dealer network or what are the prices even for the bikes in the motorshow stand.

    Anyhow they said they are working on it and more info should be coming in around October this year. They also said ”follow the website” and from there one should see the updates.

    So seems we need to wait.
     
  9. Tubber

    Tubber Ol'Timer

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    They did say they would be importing the 1290 Super Adventure as well.
     

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