History
The parent trading company, Ching Feng Hang, was founded in 1947 and imported their first motorcycles (BSAs) in 1949. In 1954 Sanyang Electrics (with four employees) was formed, restructured into Sanyang Industrial Co. Ltd. in 1961. In 1962 they formed a joint venture with Honda 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 Co. Ltd. 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).
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