KTM Asia to assemble motorcycles in Philippines

KTM Asia to assemble motorcycles in Philippines

KTM Asia Motorcycle Manufacturing Inc., a partnership between Ayala Corp. and KTM AG will start assembling motorcycles in Philippines as KTM Asia has chosen the said country to be its Southeast Asian hub.

“With the Philippines positioned as the Southeast Asian hub for KTM, it is poised to boost its export capacity to address the rising demand among motorcycle enthusiasts in the region and nearby countries like China,” said Trade Undersecretary and BOI Managing Head Ceferino Rodolfo as quoted from sources.

“KTM is a global brand. Its decision to venture and target the domestic market will further intensify healthy competition with the already established brands from Japan and China, thus providing more brand options for local consumers,” he said.

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