Metric manufacturers cut back significantly in January on motorcycle exports into North America, a report shows.
Members of the Japan Automobile Manufacturers Association (JAMA) reported a nearly 80 percent decline in motorcycle shipments to the United States in January, dropping to 6,900 units from 33,650 units a year ago.
A similar pattern was seen in Canada. Exports from JAMA members, which include Honda, Yamaha, Suzuki and Kawasaki, totaled 1,378 units there, a drop of 68 percent compared to a year ago.
JAMA members produced 55,045 units for their worldwide markets in January, a decline of 37 percent. These companies have reported production cutbacks compared to the same month of the previous year for 29 consecutive months.