Bike sales continue to rise!
Posted: Wed Jul 18, 2007 12:17 pm
Statistics released by the Motor Cycle Industry Association for June 2007 show sales have sustained the summer increase during the month and the year-to-date registrations are up 8% overall.
Adventure Sport motorcycles has continued to grown and achieved the biggest increase of 31% , followed by Scooters with a 17% boost. Mopeds also had an increase of 6.5%, a positive shift for this sector which has been struggling.
The motorcycle market is continually showing strength in comparison to the car market where registrations are only up 1.5% for June and 2%for the year to date figure.
The Trail/Enduro sector remains under pressure, likely caused by changes to regulations about access to green-lanes and use of land for off-road recreation, and has seen a fall of 17% for the year-to-date.
Japanese manufacturers, Honda, Suzuki and Yamaha are dominating the top five registrations by capacity, with only two places taken by Triumph and Piaggio.
Craig Carey-Clinch. MCI's Director of Public Affairs said " The market remains healthy this month. Used bike transactions remain buoyant showing a 8% rise during the first quarter of 2007.
"New and used bikes sales are strong at a time when there are many personal financial pressures. As interest rates keep rising showing that people are still enjoying two-wheels and the industry's Now's The Time campaign is attracting new riders who are needed to sustain the industry in the coming years and prevent the market from stagnating."
Adventure Sport motorcycles has continued to grown and achieved the biggest increase of 31% , followed by Scooters with a 17% boost. Mopeds also had an increase of 6.5%, a positive shift for this sector which has been struggling.
The motorcycle market is continually showing strength in comparison to the car market where registrations are only up 1.5% for June and 2%for the year to date figure.
The Trail/Enduro sector remains under pressure, likely caused by changes to regulations about access to green-lanes and use of land for off-road recreation, and has seen a fall of 17% for the year-to-date.
Japanese manufacturers, Honda, Suzuki and Yamaha are dominating the top five registrations by capacity, with only two places taken by Triumph and Piaggio.
Craig Carey-Clinch. MCI's Director of Public Affairs said " The market remains healthy this month. Used bike transactions remain buoyant showing a 8% rise during the first quarter of 2007.
"New and used bikes sales are strong at a time when there are many personal financial pressures. As interest rates keep rising showing that people are still enjoying two-wheels and the industry's Now's The Time campaign is attracting new riders who are needed to sustain the industry in the coming years and prevent the market from stagnating."