Categories: News

COLIBI fears dumping duty on Shimano’s internal hubs will impact on sales

On 26 October 2001, the European Commission announced in their Official Journal (L282) the definitive imposition of an 11.3 percent anti-dumping duty on internal gear hubs originating in Japan.

The measure entered into force immediately and will be applied on top of the regular customs duty of 4.7 percent.

COLIBI took a neutral stance on the dumping complaint lodged by SRAM.

However, in the recently published Regulation, the European decision makers state that “in view of the limited proportion of bicycles equipped with internal gear hubs, it is concluded that the possible negative effects of the measure on users [defined in the text as bicycle manufacturers & assemblers, as well as certain retailers], cannot be considered such as to outweigh the expected benefits for the Community industry (parts’ producers).”

This angered COLIBI president René Takens:

"With this conclusion, the European decision makers may very well have underestimated the possible repercussions of the measure. It is obvious that the imposition of additional duties will affect price-fixing and therefore the final selling price of a bicycle.

"Whereas everyone is convinced that an increased cycle usage will contribute positively to traffic safety, environmental and mobility problems, the result will undoubtedly show to be very counter-productive.

"It is incomprehensible that the European Commission allows measures that will injure a European industry that is already facing hard times.”

The Bicycle Association of Great Britain was formerly a member of COLIBI but resigned in July after the Comité de Liaison des Fabricant Européens de Biciclettes (COLIBI) would not change its focus, and represent importers as well as pure manufacturers.

RELATED ARTICLES:

http://www.bikebiz.co.uk/…/article.php?id=1718

http://www.bikebiz.co.uk/…/article.php?id=1721

BikeBiz

Recent Posts

Parliamentary Cycling and Walking Showcase returns for 2024

The All-Party Parliamentary Group for Cycling and Walking (APPGCW) showcase returned last month. The event,…

23 hours ago

May 2024 edition of BikeBiz is out now

The May edition of BikeBiz is now live. Read the digital edition online here Never…

24 hours ago

MiRider introduce all-new 24inch wheel step through e-bike

In response to retailer requests, the Wigan-based team behind MiRider have introduced an all-new 24-inch…

1 day ago

Starling Cycles extends manufacturer’s warranty and crash replacement service

Bristol-based Starling Cycles has announced the extension of its manufacturer’s warranty and crash replacement service…

1 day ago

Apex Distribution to supply Daysaver tools

Apex has announced a new distribution partnership with Daysaver tools. Daysaver are a Swiss brand…

2 days ago

Amer Sports sells Enve Composites to private investment firm

Enve Composites has been sold by Amer Sports to PV3, a Utah-based private investment firm.…

2 days ago