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Motorcycles are 54% of the 3,854,038 vehicular units in circulation

The ubiquitous motorcycle has served for all kinds of activities in the Dominican Republic both legal and criminal. Motorcyclists support a large part of the nation’s business sector, including major companies as well as small and micro businesses in the delivery of packages and correspondence.

The number of motorcycles is reported in the Diario Libre to be increasing much like sugarcane growing in the sugar cane fields. This vast quantity can be seen in the vehicular pool of the Dominican Republic. Motorcycles are 54% of the 3,854,038 vehicular units in circulation.

This growth is attributed to a strong demand and to the imports from China, a principal manufacturer of motorcycles. As reported in Diario Libre, a company in Hatillo Palma, Montecristi imports the motorcycles in parts and assembles these under the incentives granted by Law 28-01. The company sells motorcycles in all 32 provinces of the Dominican Republic. China, which dominates the market with 73.75% of all motorcycles sold, is followed by Japan that has kept a 20% share of the local market. So far this year, the Dominican Republic has imported 46,314 motorcycles.

Source: DR1, DiarioLibre

July 6, 2017

Category: DR News |

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Last updated January 14, 2018 at 12:43 AM
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