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Daytona Beach, Florida, is in the middle of a week of lively Daytona bike despite economic uncertainty.
The bicycle week, described as the “biggest motorcycle event in the world”, began on February 28 and will take place until Sunday.
Daytona beach and the County of Volusia wider should see an influx of $ 100 million thanks to the hundreds of thousands of motorcycles attend the festivities, Spectrum News 13 reported.
The one -week event offers “races, live entertainment, panoramic walks, bicycle shows, sellers and food”, according to a press release from the Convention of the Convention and visitors to the Daytona Beach region.
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This year’s iteration marks the 84th anniversary of the event. Bike Week attracts hundreds of thousands of people each year.
Fox Business’ Ashley Webster Thursday, in Daytona Beach, that the motorcycles available at cycling cost $ 12,000 to more than $ 50,000 or $ 60,000.
Ashley Webster of Fox Business reports from Ormond Beach, Florida. During the Daytona bicycle week to discuss the motorcycle industry.
He also spoke to Teddy Morse, CEO of Ed Morse Automotive Group. Morse said webster that the affairs of his Harley-Davidson dealer were “very, very good”.
“We always want it to be better. I am very, very happy, never satisfied, but I am happy,” he said.
“The joy of going up a motorcycle is freedom, “Morse also said to Webster.” These are the few moments – we are so connected these days through everything, through our phones, through work, people – this is this moment when you can be alone, and you can be alone with your thoughts. “”
In the United States, the motorcycle market reached a value of $ 10.48 billion in 2024, according to Grand View Research.
Harley-Davidson, one of the best known motorcycle manufacturers, said in early February that his financial performance in 2024 had been “considerably affected by cyclical-contrary winds for discretionary products, including the high interest rate environment affecting consumer confidence”.
The company logo for Harley-Davidson Motorcycles is exhibited in a Disney Springs store in Walt Disney World on June 1, 2024 in Orlando, Florida. (Photo of Gary Hershorn / Getty Images / Getty Images)
“The industry has been faced with many challenges in the past two years, which has an impact on all levels, but we believe that we are better placed to take advantage of any increase in consumption,” said CEO Jochen Zeitz at the time.
In recent days, a multitude of industries have had an uncertainty suspended from them in the middle of the fluid tariff situation between the United States, Canada and Mexico and how it could affect the US economy. President Donald Trump said Thursday that he had set up exemptions for Mexico and Canada on goods under the United States-Mexico-Canada Agreement until early April.
President Donald Trump speaks with media members on the southern lawn before climbing the navy at the White House in Washington, DC, on February 28. Trump administration on Tuesday imposed prices in Canada and Mexico. (Reuters / Nathan Howard / Reuters)
Trump said “reciprocal prices” arrive in early April.
