MOTORCYCLE SALES CONTINUE UPWARD TREND

Published 08/07/2015 00:00:00 in Press Releases

“It is extremely positive to see that the motorcycle market has continued to grow, with dealers reporting a 19.2% increase in sales in June”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.

Registrations in June marked a 13% growth compared to the first half of 2014.

Latham continued, “Larger machines in the 651-1000cc category saw the most significant growth, with sales up over 36% compared to this time last year, and up 26% on a half year basis when compared to 2014. A rise in sales of these models indicates a strong confidence in the economy as these machines are used mainly for social purposes.

“Larger models over 1000cc – usually a lifestyle purchase used for touring, recorded an increase of 22% in June. Again suggesting a boost in consumer confidence.

“All power sectors showed signs of growth with the exception of the 50cc machines – typically purchased by younger riders.

“The NMDA are hopeful that the growing trend of motorcycle sales continues to grow, and 2015 could mark a record year with bikes reaching over the 110,000 sales figure.”

 

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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