Tuesday, August 10, 2010
You might not be able to see the stampede of imported bikes heading for the shores of North America yet, but you can certainly hear the rumble as they get closer.
China is now producing 40 per cent of the worlds supply of motorcycles at a gargantuan rate of close to 15 million motorcycles a year.
China is now producing 40 per cent of the worlds supply of motorcycles at a gargantuan rate of close to 15 million motorcycles a year.
And their sights are firmly set on the North American market. So far their invasion of the Americas has been limited to ATV's, pocket bikes, mini choppers and smallish dirt bikes but they have been gearing up with cruising and touring models.
Their main focus of manufacture has been up to the 250cc level but have plans to expand into the higher levels with a 1000cc model.
The early models have some concerns about reliability and acquisition of parts but the main selling feature of them is their low price in comparison to domestic or Japanese models some selling for $2,000 less than a comparable established model.
The Chinese have no qualms about cloning or borrowing existing technology and making copies of established bikes such as Harley Davidson and Honda.
The Chinese invasion of motorcycles should glut the market even further thereby lowering the market value for the used motorcycle market where used bikes are commanding almost new price.
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