Bike business begin in 2003

Naza Group has signed a Memorandum of Understanding (MOU) with Taiwan-based CPI Motor Co. in Kuala Lumpur on Saturday, for business and technical collaboration to explore new opportunities in the motorcycle industry.

The signing of the MOU by Naza Executive Vice President (Operations), Datuk SM Zulkifli SM Amin and CPI Motor President, Jack Chu was witnessed by Naza Chairman and Chief Executive Officer, Tan Sri SM Nasimuddin.

The group�will initially produce 5,000 units of CPI motorbikes a year, at its Shah Alam assembly plant, Tan Sri SM Nasimuddin said, adding that sales of Naza motorbikes�will also be enhanced with the collaboration.

Beginning with two models, Naza and CPI are expected to subsequently develop more models. According to Tan Sri SM Nasimuddin, Naza and CPI Motor will work on a new model- the 125cc Scooped, which is a hybrid between a scooter and a moped. The new model is expected to be launched in the Malaysian market in three months.

CPI Motor President, Jack Chu said, the company picked to collaborate with Naza as it is confident with Naza's strength in the Malaysian market, adding that through this collaboration, CPI will assist Naza in the transfer of technology, with the aim to achieve a 60% local content for the motorbikes.

Meanwhile, Naza has also launched its new lubricants, NTech 8000, NTech 5000 and NTech 2000, which are produced in collaboration with a reputable lubricant company.

At the same time, the group also launched its new Naza Bikes 2S (service and spare part) concept branches, which are operational throughout the country. The group, through its subsidiary Naza Bikes Sdn Bhd, expects to double its sales of its motorbikes next year, from the current 15,000 units.

Naza, which started its motorbike business in late 2003, is open for joint ventures with any foreign players in the motorbike industry, Tan Sri SM Nasimuddin said.

CPI Motor, which was established in Taiwan in 1991, has production facilities in Taiwan, China and Indonesia and exports its motorbikes worldwide.

Naza Bikes announced two new product ranges – a new brand of scooters called Scoped, which are badge-engineered scooters by Taiwanese company CPI Motor Company as well as a line of motorcycle lubricants.

Although it’s not clear to me at this point which CPI Motor scooter the new Naza Scoped will be based on, above is a photo of the CPI GTR 150 . Naza says the Scoped will have a 4-stroke engine, and the GTR 150 the only 4-stroke unit, while the others are all 2-stroke scooters. For all scooters produced by CPI. Naza plans to launch a second model in collaboration with CPI after the affordable RM3,000 Naza Scoped is launched. Local assembly will begin early 2007.

Naza has also launched its new lubricants, NTech 8000, NTech 5000 and NTech 2000.

The NTech brand was produced after discussions, studies and endurance testing by Naza Bikes in collaboration with a reputable lubricant company.

As for the lubricants, the new Naza NTech series comprise of the fully synthetic 4T SAE 5W/40 API SL/CF NTech 8000 at RM25, the semi synthetic 4T SAE 10W/40 API SL NTech 5000 at RM16 and the mineral 4T SAE 15W/40 API SF NTech 2000 for RM10.