Mobility scooter stalwart Kymco Healthcare says the fall-out from Brexit has failed to impact its business so far and while there are challenges ahead it is confident about its growth prospects.
The mobility industry has seen a rise in parts and product costs over the last eight months, which has weighed heavily on suppliers exposed to currency fluctuations.
But speaking to Access & Mobility Professional, Kymco UK’s managing director, Mark Hermolle, said his company remained in good shape.
“[Brexit] hasn’t really affected us in terms of our market growth and share, but it does put pressure on costs and inevitably right the way through the supply chain. It is tough but longer term maybe we will be stronger,” he said.
The fact that Bridgend-based Kymco is the UK arm of the Taiwanese master company does put it at an advantage in being able to determine its own destiny.
“We are the company, we are Kymco, so we manufacture these products ourselves in Taiwan,” said Mr Hermolle. “There are still issues with currencies and things, but we are strong – we are doing well and we are still growing. We are number one on Motability in the UK. We supply more mobility scooters than anybody on Motability – in fact we have been number one for four years in a row now so we are very proud of that.”
Kymco supplies the UK market through a network of more than 300 dealers nationwide.
Its entire area sales team has been present at Naidex this week to meet with dealers and talk them through its new range of products. And with its booth nearest to the entrance of the show, it has enjoyed fantastic visibility among consumers and the trade.
One of the big highlights has been the launch of its K-Lite Comfort, which as the name suggests is all about delivering comfort for end-users.
“It has got full suspension but it is a very, very light scooter that strips down and the heaviest part is only 15kg,” said Mr Hermolle. “It is the lightest we have ever sold and one of the lightest in the market.”