Uncertainty Reflected at Taipei Cycle’s Opening Day
TAIPEI, Taiwan – The number of exhibitors of the 26th Taipei Cycle Show is breaking records as well as the expected numbers of visitors. And during the first show day everything looked like business as usual. However, behind the scenes things are different as uncertainty on what 2013 will bring in Europe prevails at this year’s Taipei Cycle.
That uncertainty holds in particular true for suppliers that are big in OEM in Europe. Aftermarket suppliers are doing OK as demand for replacement parts is high in Europe with its troubled economies.
Numerous OEM suppliers at Taipei Cycle pointed at huge ups and downs in demand and that nowadays nobody want to hold stock. “There are problems with forecast orders as well as with payments.”
However, on the upside is that inventory levels are low at IBD’s in Europe as dealers are having problems with banks financing their stock. This means that when the 2013 spring weather is much better than the ones of 2012 and 2011, suppliers that are able to deliver are the ones that are making money.