Just the Chinese manufacturer CFMoto sign with a new brand of two wheels: Yamaha. After KTM, this is the new deal received by the company Chinese company. Purpose: to create a new entity. Explanation.
Yamaha will own 44% of the new company
Zhuzhou CF Motor. Here is the name future entity which comes from new cooperation between CFMoto and Yamaha.
Agreement which follows another contract between Yamaha and another brand Chinese: Jianshe.
On the level shares belongs to different partsCFMoto will have 50% news essence.
Yamaha will have to settle 44.23% and Tair Yea Limited (the exporting company) will hold 5.77% companies
Moving his models?
Though this is an announcementwe dont know details with it’s a partnership between Yamaha and CFMoto.
However, what we do know is that This agreement was originally developed by Yamaha. His desire was to improve competitiveness his motorcycles.
500 employees even ready to work on projects that will start within a month November 2023
If we follow what was done with KTM, it is quite possible that Yamaha moves therefore, the production of certain future models Europeans even if there is no official information was not disclosed.
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Source: Auto Plus
Robert is an experienced journalist who has been covering the automobile industry for over a decade. He has a deep understanding of the latest technologies and trends in the industry and is known for his thorough and in-depth reporting.