Thursday, July 7, 2011

Motorcycle Industry

With potentially high, you can find more motorcycles on the road compared to other vehicles in the near future. The bicycle is one of the greatest forms of transportation in Asian countries, while rapidly gaining popularity worldwide because of its reliability and ease of use.

A motorcycle is a single track, two-wheeled vehicles for transportation. There are several factors to provide a motorcycle early in such vehicles. Motorcycles are widely used because of their maneuverability and fuel efficiency. Are known to consume less resources than cars and other means of transportation. The bike is also friendly to the environment in the sense that emit fewer pollutants into the environment. In addition, the bike also require less maintenance and other cover basic expenses such as insurance coverage, etc.

However, the disadvantage of using a bike on the feasibility and public safety concerns. Motorcyclists have been exposed to the weather and enjoy the convenience of car drivers and passengers. In addition, due to limited protection, motorcycles are also more risky and prone to accidents on car drivers and passengers. Recent studies have found that the motorcycle is 17 times higher risk of danger from those who sat in the car.

Motorcycle industry is a rapidly growing market with many new participants and players. Currently the largest motorcycle manufacturer in Boon Siew Honda Malaysia. In addition to the well-known motorcycle manufacturer Suzuki Modena, there are other niche players in the industry. Motor parts manufacturers play an important role in maintaining the watch industry. Parties, including the motorcycle chains, sprockets, brake shoes and other spare parts. This section is important for the development and production of quality motorcycles and reliable. Manufacturers should consider the various considerations before choosing the right parts from different manufacturers to motorcycle production and assembly lines. Insurance companies provide insurance coverage for motorists and users. It applies generally provide comprehensive and collision coverage for motorcyclists. Some insurance companies provide coverage once custom parts and equipment (CPE) as well as coverage of uninsured motorist / underinsured (UN / UIM). Engine one must determine the requirements to cover if they choose a particular insurance package.

Motorcycles always an easy, cheap and efficient transport. However, the culture of the motorcycle more often than not giving a bad reputation for its market potential. The problem for the attention of public safety issues concerning motorcyclists. Another issue worth consideration is the potential for abuse of a motorcycle. Illegal motorcycle street racing is rampant in recent times, the government encourages the suppression of career and do things their own hands. In an effort to boost industrial development, government has introduced new fees and regulations. Motorcycles are taxed at a lower level compared to other vehicles. The new rules also set up to promote the public benefits of using motorcycles as their primary means of transportation and reduce the problem of traffic congestion is increasing.

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insurance agent malaysia

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