The restructuring events database contains factsheets with data on large-scale restructuring events reported in the principal national media and company websites in each EU Member State. This database was created in 2002.
Manufacturing Manfacture for transport equipment Manufacture of other transport equipment 30.9 - Manufacture of transport equipment n.e.c.
New offshoring locations
France
400 jobs Number of planned job losses
Announcement Date
24 May 2012
Employment effect (start)
Foreseen end date
Description
Yamaha Motor, a Japanese vehicle manufacturer, closes its Spanish production plant in Barcelona and moves its scooter production to Saint-Quentin (France). The relocation creates 100 jobs in France, but will make 500 jobs in Spain redundant. A timeline for the restructuring has yet to be announced.
With the decision to relocate the production of its popular scooters 250 X-Max and 125 X-MAX, Yamaha Motor finalizes a long decision making process about the preferred production site (see factsheet 16741). A French spokesman of Yamaha Motor explained the relocation with better expansion possibilities in France and a below par production quality in the Spanish plant.
Sources
24 May 2012: Le Figaro
Citation
Eurofound (2012), Yamaha Motor, Offshoring/Delocalisation in European Union, factsheet number 73761, European Restructuring Monitor. Dublin, https://restructuringeventsprod.azurewebsites.net/restructuring-events/detail/73761.
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