Hi Jamwolf Back in June 2006, when the management at the time...

Hi Jamwolf

Back in June 2006, when the management at the time first announced that they would be transforming the company (previously a surfwear retailer) into a hi-tech scooter company, they cited high petrol prices as one of the key arguments behind the shift:

..."With record high prices at the petrol pump, scooters are becoming a very attractive alternative to motor vehicles to a growing number of people.'"

Certainly, it is possible I could be wrong about the relationship between the oil price and the Vmoto sales figures. But with the both the Brent and WTI oil price now well above the $60 mark, and looking as if they might be headed higher, it con't be too long before we find out.