It’s official. China has now taken over Japan as the largest producer of motorcycles in the world. 50 million motorcycles are produced worldwide, and China is stated to manufacture at least 27.5 million of them, or a little more than 50% of the total world production.
China has more than 130 motorcycle brands, for now manufacturing mostly simple one-cylinder air cooled models. Thanks to increased standard of living, and exposure to some American TV programs, Chinese are reported to be more and more interested by big cruisers, choppers and even trikes.
Brazil, India and now China are the 3 countries big motorcycle manufacturers are looking at for expansion. Everybody knows that China will improve very fast and is seeking to become the most powerful economy in the world. So, guess what? I bet with my readers that like in Brazil and India, Harley-Davidson and other brands will start assembling some of their models in China for the local market and as a platform to export to Asia. Not tomorrow, but sooner than you think. And if you disagree, let’s talk again about it in less than 5 years.
It’s one world. Whatever the nationality of an international corporation, it will assemble and produce where it’s strategically more efficient and more profitable. Very often, in many different places at the same time around the world. Many companies, American or foreign do this since many years. By the way, B.R.I.C. is the name of a popular ETF (Exchange-Traded-Fund sold under the symbol EEB) that you can buy as an investment. BRIC means that your stock investments are spread between 4 of the most growing economies Brazil – Russia – India and of course China (these countries account for 42% of world’s population and have the fastest growing middle class). Not making a stocks recommendation. Just mentioning…(photo at Motorcycle.com)