PTW SALES FALL IN NOVEMBER

“PTW registration figures in November fall for another month. Retailers, however, are not concerned as this likely reflects seasonal demand and supply shortage, as opposed to wider issues relating to the macro-economic climate,” said Symon Cook, Head of the National Motorcycles Dealers Association (NMDA) commenting on the latest MCIA registration figures.

Total registration figures across all types suffered an -8.8% deficit in sales compared to the same point last year. However, year-to-date figures reveals 2.1% more motorcycles are on the road in 2022, from 109,383 units to 110,608.

Motorcycles registration fell across the majority of categories (-7.8%), bar Scooters (13%) and Touring (27.2%) motorcycles recording increases.

Mopeds followed a similar shortfall, with total registration figures in November falling from 532 units to 423 units (-20.5%).

Unfortunately, the electric Power Two-Wheeler (ePTW) sector fell again by -34.7%. Electric bikes are still suffering acute restrictions in supply, which is limiting the stock available for retailers’ forecourts, which is making it harder to sustain the levels seen last year.

The Honda PCX 125 retains its position as the most successful PTW vehicle registering 410 new units in November, helping Honda to continue highest registering franchise with 1,297 new bike sales. units.

Symon Cook added: “Novembers registration figures may have fallen, but year-to-date figures reveal the motorcycle market is still up from last year the market is in a good position. NMDA has recently attended Motorcycle Live in Birmingham and it was exciting to see the range of electric motorcycle products looking to enter the market in the coming year, to meet the strong consumer demand.”

ENDS

NOTES TO EDITORS.

Adam Weeks, NMDA Communications Officer

Direct: 020 7307 3413

Mobile: 0788 003 9897

Email: adam.weeks@rmif.co.uk