The Euro has now dropped to it”s lowest point in trade to the USD in over four years. French Prime Minister Francois Fillon calls it, “good news”. Besides currency parity being a stabilizing factor for either currency, it means ordering scooter parts from outside the US is now as affordable as it was in 2006 (though not quite the bargain it was back when the Euro first launched). Steve from The Scooter Scoop is asking for input on North American made scooter items. But if you were waiting to order those trick bits from SIP, Scooter-Center or Scooter-Attack, now may be as good of a time as any. Sure, your local shop and domestic mail order places like Motorsport, Scooters Originali, Jet200 or Scooterworks will offer you the best support for your purchase. But there’s just some stuff they don’t stock. It’s probably good news for them as well. Ordering parts from the Euro zone for less should improve their bottom lines. So, is anyone planning a big order to stock up on the newest Doppler internal rotor ignitions for Piaggio 50cc two stroke motors? Any shops now digging deep in the reserve accounts to stock up on items from European suppliers? Shops and private individuals, tell us how world economic flux affects your scooter part buying plans. Or do you think the Euro will plateau at real 1:1 parity in the near future?
7 thoughts on “Happy Days Are Here Again?”
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I have to say the dollar parity between Canada and the US was disappointing as a tourist, it just didn’t feel like being in a different country when duty-free, rally registration, restaurants and strippers were happy to take dollars from either country without having to do any currency conversion.
I have a feeling that you may find some Germans waxing nostalgic for their currency bargain too. Especially the one they had when that made their reservations for the their trip to Disneyworld last August.
People who are more knowledgeable about this stuff than I give the impression that dollar/euro parity would be the result of the bottom dropping out of the EU economy, which will do no one any good.
OTOH, if the euro held steady at ~$1.20, it would seem Piaggio could lower their prices, which could increase U.S. sales, which I should think would make buyers, dealers and lots of other people happy…
Piaggio lowering prices sounds good if it doesn’t hurt the inventory bloated dealers too much. Sym finally lowered their retails but hurt a lot of the dealers who have many units on hand that were purchased at the pre-reduced prices. It will work out in the long run and the end buyer will benefit.
I hate to be a grammar nazi — but I’m gonna be one anyways — but the correct use of the word “its” is “…dropped to its lowest point…” without the apostrophe. The apostrophe only gets thrown out when you’re contracting “it is” and not when you’re denoting possession.
Okay, you can take me into the restroom and give me a wedgie now.
How’s that?
Al, Brooke, get a room.