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Important economic and political developments in various regions, including the strong growth in Asia, changed the playing field significantly and forced the manufacturers to adjust. For low?end models, manufacturing operations shifted closer to emerging markets in Taiwan, Thailand, Vietnam and India. As a result, the motorcycle industry evolved from an export?based operation in the 1960s to a truly global business. The maturing economies in North America, Western Europe, and Japan increased the demand for high?end recreational models, while the developing economies in South East Asia and South America created a need for easily assembled, inexpensive transportation...
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