Wednesday, April 3, 2013

Mexico on Two Wheels

Mexico's market for two wheeled vehicles diverges much more sharply from the US.  There is far less overlap than there is with the car market.  The top is from Italika, which is number 1 in Mexico and has a presence in much of Latin America.  The second motorcycle is from the Qianjiang Group Ltd.  While the question is often asked about when China will export cars to follow its motorcycles, no one asks when a Mexican car company might emerge.  Mexico is a major car manufacturer.  The bicycles are from Benotto, an Italian company that moved to Mexico decades ago.  The double-top tube model drove me crazy, until I saw that they were lots of them.  It's just a retro trend.

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