In 1894, Hildebrand & Wolfm?ller became the first series production motorcycle, and the first to be called a motorcycle. In 2014, the three top motorcycle producers globally by volume were?Honda,?Yamaha?(both from Japan), and?Hero MotoCorp?(India).
Motorcycles are usually a luxury good in the developed world, where they are used mostly for recreation, as a lifestyle accessory or a symbol of personal identity. In developing countries, motorcycles are overwhelmingly utilitarian due to lower prices and greater?fuel economy. Of all the motorcycles in the world, 58% are in the Asia-Pacific and Southern and Eastern Asia regions, excluding car-centric Japan.
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Uploaded: Dec 21, 2016