Many motorcycle and bicycle makers worldwide were wiped out. This, combined with the introduction of mandatory licensing and insurance signalled the end of the moped craze as we know it. For the third time it seemed the moped was finished. And for the third time, it bounced back. In 1997, close to 12 million were produced world wide.
Mopeds are here to stay.
In its heyday, it cost as much as a VW Beetle.