Wednesday, July 08, 2009

Market saturated?

Tough times hit scooter sales

Well, I wouldn't have guessed this:

TWO years ago they were the darlings of the roads: sales were up 400 per cent in three years, and hip new riders were taking to the streets every day.

But in the first six months of 2009 scooter sales collapsed, as economic times got tougher and petrol prices eased.

..... scooter sales slumped 29.3 per cent, recording sales of 5592, compared with 7915 over the same six months in 2008.

Guessing the future strength of markets is evidently tricky. I mean, I still wouldn't mind one, so what's wrong with the rest of you?

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