Members of Taiwan's motorcycle industry recently met to share their opinions and suggestions on multiple topics affecting their business. The roundtable discussion was organized by the Taiwan External Trade Development Council (TAITRA).
Participants in the seminar reached several consensuses, including further strengthening the island`s central-satellite supply system; asking the government to invest more resources in the industry; and more aggressively developing large displacement motorcycles to differentiate their product from competitors in developing markets.
“We have been witnessing the continually-strengthening global competitiveness of Taiwan`s motorcycle industry, which has established many internationally-reputable brands, such as KYMCO, SYM and Maxxis," said Walter Yeh, TAITRA`s executive vice-president. "We are also seeing the fruition of the global-deployment plans adopted by the Taiwan makers of assembled-motorcycles and parts who have set up operations in China, Vietnam, Indonesia, the U.S. and Europe, showing not only dedication but also the effectiveness of vertical and horizontal integrations."
Chiang Shih-Hwang, director of the Trade Development Division, Bureau of Foreign Trade (BOFT) said the export value of Taiwan-made motorcycles, scooters and ATVs has eclipsed $500 million.
"The motorcycle industry has been undergoing a reassuring growth in Taiwan in the past 40 to 50 years, and we are ecstatic to have seen a remarkable development over the past few years, during which the export volume has been rapidly increasing and, in some years, even has exceeded domestic sales," Shih-Hwang said.
Copyright 2006 Powersports Business