CITIC Construction Investment released a research report saying that in terms of two-wheelers, benefiting from the depreciation of the yen exchange rate, combined with the recovery in demand in Europe and emerging markets, Japanese companies expect sales, revenue and profits to exceed initial forecasts in 2024, and Yamaha predicts that motorcycle volume will continue to grow in 2025, while Harley and Indian sales fall short of expectations in 2024, and the 2025 guide will continue to decline; competition in overseas markets other than China is expected to continue to intensify, and Chinese companies are expected to seize share in the global market. In terms of four-wheelers, leading brands are being lowered due to weakening demand, high inventories, and increased competition, but the North American four-wheeler market is expected to grow in the medium to long term. Second-tier brands such as Kawasaki and Chunfeng are actively positioning themselves and are expected to outperform the industry and leading brands, and their share will continue to rise.

CITIC Construction Investment released a research report saying that in terms of two-wheelers, benefiting from the depreciation of the yen exchange rate, combined with the recovery in demand in Europe and emerging markets, Japanese companies expect sales, revenue and profits to exceed initial forecasts in 2024, and Yamaha predicts that motorcycle volume will continue to grow in 2025, while Harley and Indian sales fall short of expectations in 2024, and the 2025 guide will continue to decline; competition in overseas markets other than China is expected to continue to intensify, and Chinese companies are expected to seize share in the global market. In terms of four-wheelers, leading brands are being lowered due to weakening demand, high inventories, and increased competition, but the North American four-wheeler market is expected to grow in the medium to long term. Second-tier brands such as Kawasaki and Chunfeng are actively positioning themselves and are expected to outperform the industry and leading brands, and their share will continue to rise.