Still no turn for the better for Taiwanese bicycle manufacturers

MeridaAussenansicht HQ Dacun Township Changhua County2

Source: Jo Beckendorff

After Taiwan’s leading bicycle manufacturer Giant Manufacturing already reported a double-digit drop in sales for the first quarter of 2024, the country’s number two, Merida Industry Co. is now following suit with its Q1 results: Compared to the first three months of the previous year, Merida’s consolidated sales in Q1 ...

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