MOTORCYCLE REGISTRATIONS CONTINUE TO GROW AHEAD OF 65-PLATE CHANGE

Published 09/09/2015 00:00:00 in Press Releases

“In what is traditionally a slow volume month for motorcycle registrations, it was encouraging to see a healthy 13.9% growth in sales, ahead of the 65-plate change next month”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.

Over the last four years, we have seen registrations in the month of August average at 6500 units. August 2014 saw 6980 bikes registered, however this year it was extremely positive to see a total of 7951 motorcycles registered – indicating a strong demand in the market.

Latham continued, “All bike sectors showed increased growth in August– apart from the 50cc bikes which saw a -15.5% decline.

“The most significant growth came from the larger 651 – 1000ccc sector which recorded a 38% growth. There has also been increased demand in the ‘naked’ bike sector, which recorded a 29% increase, with the Honda CB 125 F’ model overtaking sales within it.

“The market in 2015 so far has remained stable, showing an average continuous growth of 13.2%, suggesting that confidence in the economy is strong. We look forward to seeing what next month’s market holds following the 65-plate change.”

 

ENDS

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