BIKE SALES CONTINUE TO DECLINE IN JUNE

Published 12/07/2017 00:00:00 in Press Releases

“Demand for motorcycles continued its downward trend in June – marking 6 consecutive months of decline in the market”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.

Registrations in June fell by –14.1%, with the total number of bikes being sold year-to-date down to 56,677 – a huge reduction of almost 10,000 units compared to the same period last year.

Latham continued, “June is typically a high volume month with consumers buying to get out on the road during the summer months. Sales of all bikes up to 650cc were down in June, however, the 51-125cc machines suffered the most significant decline of -34.5%, and -32.7% for the year so far.

“An over-supply of Euro3 bikes could be blamed for flooding the market and to a point this could be true, however more importantly the insecurity brought on by the weak result of the snap-election could be more to blame as consumers hold back on making decisions with weak consumer confidence and worries over current Brexit negotiations.

“In June, Honda registered 2,309 new bikes, Yamaha sold 1,550, followed by Triumph with 1325 machines registered. Of these Triumphs, 20% (272 units), were the new Bonneville Bobber - hence some of these will have been demonstrator models purchased by dealers.”

 

ENDS

NOTES TO EDITORS: Results taken from the Motor Cycle Industry Association Press Statistics June – New Motorcycle registrations.

Rupal Rawal, Press Officer
Tel: 020 7307 3412
Mob: 07528 977 157
Press Office direct line: 020 7307 3422
Press Office fax: 020 7307 3406

Web: www.rmif.co.uk Email: rupal.rawal@rmif.co.uk

The Retail Motor Industry represents the interests of operators in England, Wales, Northern Ireland and the Isle of Man providing sales and services to motorists and businesses. The RMI has a formal association with the independent Scottish Motor Trade Association which represents the retail motor industry in Scotland.

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