Motorbikes produced by Suzuki Motor Corp in Malaysia. (Source: nst.com.my)

Kuala Lumpur (VNA) – Japan’s Suzuki Motor Corp has announced that they will close their motorcycle assembly factory in Malaysia due to low demand for the company’s products.

Suzuki’s Malaysia-based factory began operation in 1971, specialising in assembling automatic and manual motorbikes with engines of less than 150cc.

According to “The Star”, a newswire in Malaysia, the factory output in 2015 was reduced by 50 percent to 8,000 units, partly sparked by Malaysia’s application of goods and services tax in 2015.

Besides that, increased living costs have greatly impacted the company’s sales in the Southeast Asian country.

Suzuki’s statement said the company will export motorbikes directly from Japan into Malaysia instead of assembling in the country.-VNA