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KMYCO reports scooter sales growth, might enter new market segment

INDIANAPOLIS — KMYCO reported double-digit growth in sales in an area of the industry that slumped in 2006 and it is hinting at entering a new market segment in the near future.

In an interview with Powersports Business, Bruce Ramsey, KYMCO’s vice president of sales and marketing, said the Taiwan manufacturer’s scooter sales rose nearly 30 percent while reported industry numbers fell 4.6 percent.

Ramsey also said he “wouldn’t be surprised” if the company unveils a side-by-side vehicle for 2008.

Read more about KMYCO in the March 12 edition of Powersports Business.

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