By granting a schedule of tariff reductions, JEFTA achieves two objectives that have an impact on the motorcycle industry. Firstly, it reduces the modest taxation of Japanese motorcycles, mopeds, scooters and spare parts in the European Union. In the automotive sector, Japanese manufacturers agreed that no production car would exceed 276 hp (206 kW; 280 hp); the agreement ended in 2005.  German manufacturers limit the maximum speed of high-performance sedans (sedans) and station wagons to 250 km/h (155 mph).    When the Suzuki Hayabusa motorcycle surpassed 310 km/h (190 mph) in 1999, fears of a European ban or severe repression led Japanese and European motorcycle manufacturers to agree on a cap of 300 km/h (186 mph) in late 1999.  See the list of the fastest production motorcycles. It wasn`t until 2015 that Yamaha introduced the Yamaha YZF-R1M at a top speed of 185.7 mph. The ultimate goal would be to have a uniform emission standard for all markets, which would significantly reduce the costs of developing a motorcycle model while slightly reducing costs for manufacturers of a region-specific motorcycle specification.. .