Industry

Japan motorcycle exports down over 50 per cent

Shocking new figures show slump in exports for 25th consecutive month

MOTORCYCLE exports from Japan have slumped by over 50 per cent, according to recent figures released by the industry watchdog.

In October 2009 exports of motorcycle from Japan were recorded at 41,143 units, compared with the 90,702 units total recorded for the same month of the previous year. The 54.6 per cent export decrease is the twenty-fifth consecutive month that export figures have dropped, according to JAMA's report on Monday.

The total value of motorcycles exported for Oct. was 334.12 million U.S. dollars including 229.94 million U.S. dollars for vehicles and 14.18 million U.S. dollars for parts. This is a decrease of 263.09 million U.S. dollars or 44.1 percent, as compared with 597.21 million U.S. dollars recorded for the same month of the previous year, the report stated.

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