Bicycle industry advances 49% in January

The bicycle industry installed in the Manaus Industrial Pole (PIM) produced 52211 units in January, 49.8% advance over the same period to 2017, reported on Friday (16) the Brazilian Association of manufacturers of motorcycles, Mopeds, Scooters, bicycles and similar (Abraciclo). "The year began more heated, with the market riding strong upward, which reinforces the prospect of good results. This promises to be, finally, a period of business growth, according to the projections indicate manufacturers installed in PIM, "said in a statement the Vice President Abraciclo bikes segment, John Ranel. Exports of bicycles produced in PIM reached 718 units in January, up 8.8% as compared to the same period last year, the acrscenta entity.