MOTORCYCLE REGISTRATIONS CONTINUE DOWNWARD TREND

Published 10/05/2017 00:00:00 in Press Releases

“April marked a -16% decline in motorcycle sales with only 10,365 bikes registered – compared to 12,343 bikes put on the road in the same period last year”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.

Latham continued, “Although this is a decrease of almost 2,000 bikes, it is fair to say we cannot continue to put this trend down to the Euro 3 to 4 transition. More than likely this could be down to the unnerving of the public since the triggering of article 50 and news of the general election. Consumers are likely to be holding off on high-cost purchases until things become clearer and confidence returns to the market place.

“In terms of market stats, the largest decline in April came from scooters at -30.2%, whilst the remainder of the market declined at -11.6%. Again, when you look at the decline in power/cc range, it was the 0-50cc and 51-125cc that recorded the most significant decline of -27.3% and -37.4% respectfully. A clear indication that some of the pre-registration euro 3 machines are continuing to wash through the system and depressing this low power market.

“Whilst higher powered machines of 126-650cc and over, and 1000cc machines suffered a more modest decline in registrations, the mid-size 651-1000cc motorcycles showed a healthy increase of +8.7% - indicating that the traditional riders are still out there and continuing to make purchases despite speculation  about consumer confidence.

“With year-to-date registration figures for the first four months of this year down-15.2% at 33,678 bikes – compared to last year’s figure of 39,738, it seems unlikely that the market will be as positive as 2016’s registrations.

“The NMDA are hopeful that consumer confidence will return to the market in the run-up to the general election, and the market will begin to stabilise. We look forward to seeing what the next few months have in store.”

 

ENDS

NOTES TO EDITORS: Results taken from the Motor Cycle Industry Association Press Statistics April – 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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