Harley-Davidson: But where it is now, you need to try to find every advantage you can, says Bob Ramsay, president of the Toronto-based Motorcycle & Moped Industry Council, according to The Chronicle Herald. Canada dollar has fallen to 11-year lows this month, largely because of persistently weak oil prices, slow global economic growth and the comparative strength of the U.S. dollar against other currencies. If it at par, it good for the Canadian importer. Ramsay says the six big names of the motorcycle industry — the iconic American brand Harley-Davidson, Japan Honda, Yamaha, Kawasaki, Suzuki and Germany BMW — compete globally and have strategies to cope with currency fluctuations. Harley-Davidson, for instance, recently replaced a longtime distributor with a new Canadian subsidiary more closely integrated into the company global operations. You’re going to see a very interesting market in the new year because all companies are going to be trying to ensure that they can compete on price, but also on the quality of products.
(www.immigrantscanada.com). As
reported in the news.
Tagged under Harley-Davidson, oil prices topics.
31.12.15