MCI praises British development
Added on Thursday, June 24th, 2010 by Carole Nash Editor | No Comments
MCI praises British development
British successes and innovation in the motorcycle industry are contributing some £5.2bn to the UK economy, according to a report by the Motorcycle Industry Association.
The MCI claims that research and development into motorcycle technology, safety and engineering by British firms is providing a significant contribution to the British economy, with revenue from exports standing at around £370m every year.
The report cited success stories such as Triumph, which has increased turnover by 300% in the last ten years, Loughborough University, which is developing hydrogen powered motorcycles in partnership with Suzuki, and Harris Performance Products, largely due to their involvement in road and off-road competition. Manufacturers such as Norton and Scion Sprays were also highlighted in the report, as well as the growth of the eGrand Prix championship.
Industry efforts to improve rider safety were also highlighted by the report, with initiatives such as the California Superbike School as well as safety developments relating to helmets and motorcycle clothing.
“British companies have an integral role in the motorcycle industry,” claimed Steve Kenward, CEO of the MCI. “Along with the overseas manufacturers who sell their products to UK customers, the UK industry provides a valuable economic contribution to UK PLC.
“British companies are providing a comprehensive and important range of products and services including motorcycles, safety products, technological advancements, motorcycle events, touring and adventure holidays and training and safety developments.
“It is vital the government and the British people recognise the importance of the UK motorcycle industry to the UK economy and provide the necessary support to ensure that all these businesses continue to flourish.”
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