Japanese bike exports down
Moto r-cycle exports from Japan fell by 27 per cent in the first six months of this year, a direct result of the steeply rising costs of Japanese bikes on the world market. Exports to North America have declined markedly. The blame for the slump is attributed by the motorcycle manufacturers to the declining value of the United States dollar. But the cost of producing the motor-cycles in Japan has also increased enormously, and the Japanese are now meeting buyer re-
sistance throughout the world. The hardest hit Japanese manufacturers are the two biggest, Honda and Yamaha. Honda reports a drop in profit and Mitsui and Company, the group which manufactures Yamahas, reports a 51 per cent fall in income for the first three months of this year. Its sales, as a whole, have slipped one per cent. Total exports from Japan in the first six months of the year were 1,206,474. Only Suzuki has reported an increase in export sales.
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Press, 30 August 1979, Page 9
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165Japanese bike exports down Press, 30 August 1979, Page 9
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