SYM Motors

Sanyang Motor Co., Ltd.

Sanyang Motor Logo
Industry	Motorcycles and automobiles manufacturing and sales
Headquarters	Hsinchu, Taiwan
Parent	Sanyang Motor
Website	http://www.sym-global.com

Sanyang Motor Co., Ltd. (Chinese: 三陽工業股份有限公司; pinyin: Sān Yáng Gong Yu Gu Fen You Xian Gong Si) was founded in Taipei in 1954 by Huang Chi-Chun and Chang Kuo An. The company's headquarters is established in Hsinchu, Taiwan and sells its two-wheeled products under the brand name SYM. Sanyang's three major production bases are in Taiwan, China and Vietnam. The company manufactures and sells scooters, motorcycles and ATVs under the SYM brand, while it also manufactures automobiles and mini-trucks under the Hyundai brand. Since it began, the company has produced more than 800 thousand automobiles and 16 million scooters and motorcycles. The annual sales revenue of the company exceeds 1 Billion US dollars and it produces about 600,000 units of motorcycles and 20,000 automobiles per year. SYM currently employs around 2,300 people in its Taiwan manufacturing plants.

In 1954 Sanyang Electrics was formed to manufacture dynamoelectric light sets for bicycles. It was restructured into Sanyang Industry Co. Ltd. and entered a technical agreement with Honda in 1961 to begin local assembly of motorcycles, the first motorcycle manufacturer in Taiwan (30% local content). In 1969 assembly of small Honda cars (N600, TN360) began. As Sanyang's own motorcycles entered direct competition with Honda's products worldwide, the relationship was terminated in January 2002 and Honda began building cars themselves as Honda Taiwan Co. Ltd. Sanyang instead signed a contract with Hyundai and currently assembles much of their lineup for the domestic Taiwanese market.

Sanyang Industry was renamed as Sanyang Motor Co. Ltd. in January, 2015. The Company has its main office in the Hsinchu Industrial Park in Hsinchu County, Taiwan. It has a subsidiary in Xiamen city, China, named Xiamen Xiashing Motorcycle Co., Ltd., and another subsidiary in Bien Hoa, Dong Nai, Vietnam, named Vietnam Manufacturing & Export Processing Co., Ltd. (VMEP).