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Cuba Liberalizes the Motorcycle Market

Cuba Liberalizes the Motorcycle Market 1 photo
Photo: Michael Lichter via ironhorsebike.com
It's the wind of change blowing again in Cuba, as the Cuban lawmakers have abolished the 1959 law which forbade citizens to freely buy motorcycles or cars. The law required that the potential buyers first got a permit for state authorities and only then could go for whatever was available.
That is, bikes registered on the island in the 50's before the revolution, the very rare imports from the USSR or the even harder to find Batista-era Harley-Davidson bikes.

2014 will see more normal commercial regulations which allow the import for both motorcycles and cars, as the ban had worked for cars, too. However, due to the poor Cuban population, it is expected that the "boom" will not be as spectacular as some might believe.

Most likely it's going to be cheap Asian-made small-displacement motorcycles and scooters which will dominate the sales. The low purchasing power of the Cuban customers will make the development of this new market quite slow, marketing experts say.

However, things are moving the right way, and this is good news for 2014.

Via In Sella.
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