Every time you open a newspaper or read an article on the internet, you get blasted with negative news.Last week it were the European motorcycle manufacturers with some bad export figures for the year, now it's the turn of Japan.
JAMA , the Japan Automobile Manufacturers Association (which includes motorcycles) published the October 2009 figures... and they're anything but good. During the month, "only" 41,143 motorcycles were exported, compared to 90,702 the year before. That represents a drop of 54.6%!! The Year-to-date figures don't look good either, with some 44% decrease in motorcycles being exported.
This represents a value of US$ 334.23 million, compared to US$597.21 million for October 2008. Asia, Middle-East and Europe were the top 3 export destinations. Honda still remains the biggest motorcycle exporter, followed by Suzuki and Yamaha.
I sincerely hope that with the slow growth undergoing by the world economies, that the motorcycle manufacturers will start seeing increases in production figures again... because if not, we're doomed. Either that, or I'm going to stop reading newspapers...