Add Your News | Advertise | About Us | Newsletter | Industry Links | Search 
 
News and products for the motorcycle enthusiast and professional
 


GARINI GROUP IN BRAZIL BOOSTS ORDER WITH EVADER
18 August 2005 - Garini Motorcycle Group

Bellevue-Washington based Evader, Inc., the maker of electric high-performance vehicles powered by their leading-edge proprietary technology is proud to announce today that the Garini Group has expanded its initial order commitment of 110,000 units by more than 185,000 units over the next five years.

This will bring the total order in Brazil to almost 300,000 units over the course of the contract.


''We intend to produce all of the bikes through our assembly plant in Manaus,'' said Evader Director of Distribution, Rob Stoneham. ''The parts are scheduled to leave our facility in China in mid September with the first shipments in late October or early November.''

''Our project received swift approval from the Brazilian government,'' continued Stoneham. ''Once we commence delivery of the units we expect no delays. In addition, we anticipate orders and deliveries throughout the rest of the world to catch up to those in Brazil very soon.''

This order represents revenues that will post for 2005 and make Evader profitable by the second quarter of 2006.

About Brazil

With a population of 186,000,000 and an average age of 27, Brazil is ideal for the motorscooter market, particularly electric scooters. It has the most powerful economy in South America, the 10th largest economy in the world and has a very up-tempo lifestyle. The under 125cc motorcycle market in Brazil currently stands at 1,300,000 units per year with scooters the dominant sales leader in this category.

About the Garini Motorcycle Group

Based in Rio de Janeiro, Brazil with offices in Miami, Florida and Hong Kong, the newly formed, privately owned Garini Group is rapidly expanding its distribution network in South America, which now includes more than 400 dealers. The financially strong Group intends to continue expansion and hopes to be one of the largest motorcycle manufacturers and distributors in Brazil within the next three years.

www.evader.us


More News
  For August 2005
  From Garini Motorcycle Group
  For Motorcycles
  Biker247.com Home Page

 

Biker247.com is an Internet publication brought to you by The 247 Network - Visit our other sites at www.the247network.com.
The entire content included in this website, including but not limited to text, design, graphics, interfaces, or code and the selection and arrangements thereof is copyrighted as a collective work under the UK and other copyright laws and is the property of The 247 Network.