Figures from the Motor Cycle Industry Association show that 4972 bikes were registered last month – 987 more than February 2015. Confidence in the economy and high employment figures were cited as two contributing reasons.
“Following a successful year in 2015 for the motorcycle market, registrations continued their upward trend in January”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, commenting on the latest figures released by the Motor Cycle Industry Association.
Commenting on the release of figures from the Motor Cycle Industry Association for new motorcycle registrations in August, Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “In what is traditionally a slow volume month for motorcycle registrations, it was encouraging to see a healthy 13.9 per cent growth in sales, ahead of the 65-plate change next month.”
The National Motorcycle Dealers Association (NMDA) has reported the continuation of positive growth in the UK motorcycle market. “It is positive to see that the motorcycle market has continued to grow, with dealers reporting a 10.7 per cent increase in registrations in May”, said Stephen Latham, the association’s head. Registrations in May closely resemble the average market increase of 11.3 per cent through the first quarter of 2015.
The National Motorcycle Dealers Association has revealed that February registrations continued the strong start to 2015 witnessed in January, with double-digit year-on-year increases. As with previous months the 51-125cc sector showed an increase of 12.4 per cent as the biggest sector in volume terms, which means 207 more machines registered over February 2014. While sales in most power ranges increased, the sub-50cc moped segment decreased 20.7 per cent.