UK figures from the Motor Cycle Industry Association for March 2021 showed an overall reduction year on year, of 6.2 per cent (807 Units) in new Powered Two Wheeler (PTW) registrations. Dealers can take some solace in their own resilience to continue serving customers in the face of restrictions in place around Click & Collect during March 2021.
Commenting on the latest figures released by the Motor Cycle Industry Association, Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “Motorcycle registrations remained stable with just a small -1.8 per cent sales decrease in October, as both economic and political uncertainty continued to affect demand for bikes.”
“2018 was a turbulent year for the motorcycle market, driven by political and economic uncertainty over Brexit. However, overall sale volumes were broadly in line with the previous year showing that consumers are still choosing to purchase new bikes,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
The Motor Cycle Industry Association is encouraged by the small rise in demand for motorcycles, though with the caveat that scooter registrations have declined. “Demand for motorcycles in February was up 1.2 per cent on the same period last year, registering 3943 units. However, scooter registrations were down -2.1 per cent,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA), which represents motorcycle retailers across the UK.
According to figures from the Motor Cycle Industry Association, registrations in October fell by -13.6 per cent compared to the same period last year and the year-to-date decline currently stands at -15.5 per cent. 7,406 bikes were registered in the month compared with 8,595 units in October 2016.
Figures released by the Motor Cycle Industry Association show that, in October, sales of motorcycles were 14.2 per cent higher than the same month last year, at 8,504 registrations. The year to date figure was 102,229 registrations; 12.4 per cent up on the same period for 2014; in total 1059 more new machines were registered […]
The National Motorcycle Dealers Association (NMDA) has reported continued growth in the UK two-wheel market, reporting a 14 per cent increase in sales in July according to Motor Cycle Industry Association statistics. The cumulative growth of the motorcycle market remains in double digits for the year at 13.1 per cent. The trend was not uniform, with lower powered machines declining in popularity as new riders plumped for more robust bikes.