MOTORCYCLE MARKET CONTINUES TO GROW

Published 09/07/2014 00:00:00 in Press Releases

“June marked another good month for the motorcycle market with sales up 6.3%,”said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.

Overall for the year-to-date the total power-two-wheeler market was up 11% – that’s 5348 more bikes sold than in 2013. Sales of most cc/power ranges of bikes were significantly high, with the only exceptions being the under 50cc which were down -4.5% on last year. Also, bikes from the 126-650cc range showed a minimal growth of 1.8% year to date – an increase of only 134 more bikes.

Latham continued, “Most sectors in the style criteria did well with the 'naked' category showing the greatest demand with an increase of 37.3% so far this year.

“We can see a clear indication that the experienced riders/buyers are returning to the market. This is evident due to the sales of large capacity machines which saw registrations up 19.6% in the 651-1000cc sector and 17.9% in machines over 1000cc. We hope to see this trend continue through the second half of 2014”.

 

ENDS

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

Rupal Rawal, Communications 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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