Garware Motors, the Indian partner of Hyosung in the latter’s Indian operations, has parted ways with Korean bike maker Hyosung. The car sun film maker’s stakes in the JV have been bought by popular Pune based real estate developer DSK (of DSK Toyota fame). It may be noted that Garware is one of the hardest hit due to the SC banning the sun films. There is a fair possibility that Garware decided to put a stop at its investment as it is already dealing with quite a huge loss. DSK will now be responsible for assembly operations and these proceses will now take at DSK’s Wai plant in Maharashtra. DSK should start with the assembling of the engines and transmissions. Until now, these came fully assembled with the completely knocked down(CKD) kits. This, hence, means that the Korean bikes which are facing the heat from the well priced Japanese rivals are slated to become more affordable. This also means that the upcoming GT250R, which needs to be very well priced to eat into the sales of Honda CBR150R and Kawasaki Ninja 250R, might come with a mouth watering price tag.
I have not an iota of doubt on the claims you made here. I will only be pleased to know that the accusation isn't FALSE as ACI is a remarkably accurate and very reputed publication. A link back has been added and other than that, I am ready to 'un-publish' the story on my website in case it is required by you. Sincere apologies for the inconvenience and the little confusion on my side here. Waiting for further instructions.
Regards
Dear Yatharth, the following website has mentioned Autocar as source in the story.
https://www.androidadvices.in/2012/06/dsk-replaces-garware-motors-in-hyosung.html
We have sent a similar message to everyone else. it is not a FALSE ACCUSATION as we have a valid proof of the same. If you have it, please disclose.
Dear Yatharth, the following website has mentioned Autocar as source in the story.
https://www.androidadvices.in/2012/06/dsk-replaces-garware-motors-in-hyosung.html
We have sent a similar message to everyone else. it is not a FALSE ACCUSATION as we have a valid proof of the same. If you have it, please disclose.
Dear Sir,
following are the various SOURCES which speak about this. ACI is NOT the only one who is speaking of this. Other than these websites, news spreads fast and we saw half a dozen tweets and facebook statuses before we decided to work on the story.
THE SOURCES:
https://www.indiancarsbikes.in/motorcycles/garware-exit-hyosung-stake-ds-kulkarnidsk-group-jv-partner-59634/
https://bikeadvice.in/hyosung-garware-split-dsk-hyosungs-partner-india/
https://www.bikedekho.com/bike-news/garware-motors-replaced-by-dsk-in-hyosung-jv.html
https://indianautoblogs.blogspot.in/2012/06/hyosung-garware-split-dsk-is-hyosungs.html
https://www.androidadvices.in/2012/06/dsk-replaces-garware-motors-in-hyosung.html
Still, in order to do away with YOUR DISPLEASURE & ARGUABLY FALSE ACCUSATION, a link back will be soon provided to ACI.
Thanks.
Dear Sir,
following are the various SOURCES which speak about this. ACI is NOT the only one who is speaking of this. Other than these websites, news spreads fast and we saw half a dozen tweets and facebook statuses before we decided to work on the story.
THE SOURCES:
https://www.indiancarsbikes.in/motorcycles/garware-exit-hyosung-stake-ds-kulkarnidsk-group-jv-partner-59634/
https://bikeadvice.in/hyosung-garware-split-dsk-hyosungs-partner-india/
https://www.bikedekho.com/bike-news/garware-motors-replaced-by-dsk-in-hyosung-jv.html
https://indianautoblogs.blogspot.in/2012/06/hyosung-garware-split-dsk-is-hyosungs.html
https://www.androidadvices.in/2012/06/dsk-replaces-garware-motors-in-hyosung.html
Still, in order to do away with YOUR DISPLEASURE & ARGUABLY FALSE ACCUSATION, a link back will be soon provided to ACI.
Thanks.