“Following a turbulent few months, it is encouraging to see that the motorcycle market bounced back in June with registrations up 7.8 per cent”, said Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, commenting on figures published by the Motor Cycle Industry Association.
The National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, is expecting 2018 to be a challenging year for the motorcycle industry. The association has carried out extensive economic research in order to estimate the size of the foreseeable market for this year, taking into account the strong global economy which has a predicted growth of 3.9 per cent in 2018, and the sterling which is back to its pre-Brexit strength of $1.40.
The Motor Cycle Industry Association has released sales figures for December and the year. Commenting on the figures, Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said:
According to figures from the Motor Cycle Industry Association registrations in November fell by -17.7 per cent compared to the same period in 2016. Year-to-date decline stood at -15.7 per cent. In total, 6,288 bikes were registered in the month.
Commenting on the fifth consecutive month of decline in the UK motorcycle market, the head of the National Motorcycle Dealers Association (NMDA) referred to the market in 2017 as “dire.” According to figures released by the Motorcycle Industry Association, registrations in May fell by -10.5 per cent year-on-year, with the overall number of bikes being sold year-to-date down to 7,335, a reduction of -14.1 per cent.
Motorcycle demand was static in October 2016, with 8,595 units registered – just 22 more bikes than in the same month in 2015. Drilling down, the shape of this demand changed, with naked and scooter categories up, and 51-125cc bikes registrations reduced. “Demand in the motorcycle market cooled in October recording a growth of just 0.3 per cent,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
The National Motorcycle Dealers Association (NMDA) has revealed the results of its Autumn 2016 Dealer Attitude Survey. Stephen Latham, head of the NMDA said that he was “pleased to see that this year’s survey received a response rate of 33 per cent. Over the last few years there has been a view that brands with a low percentage of dealer responses have not necessarily been representative of the views of that network, and could skew the results either way. Therefore, in this survey, we have decided to suppress the results of three brands that had less than 15 per cent of their dealers completing the survey.”
Commenting on statistics 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: “In spite of widespread concern over the referendum result, June registrations for new motorcycles were up 6.9 per cent over the same period last year”.
The National Motorcycle Dealers Association (NMDA) has written to Andrew Jones MP, parliamentary undersecretary of State for Transport, raising their concerns that the promised plug-in motorcycle grant scheme has still not been delivered.
High expectations of growth in motorcycle sales for March 2016 were tempered somewhat by low product supply. While the market started strongly this year, overall growth was only 1.6 per cent compared with March 2015. “Following a strong start to 2016, the NMDA had high expectations that March would follow suit on the back of the new 16-plate change, however the market was up by only 230 bikes compared to March 2015 – marking an overall growth of just 1.4 per cent”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
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.
Figures from the Motor Cycle Industry Association show that UK registrations for 2015 were the highest for 33 years. “Consumer confidence and a stronger economy are just a few of the factors that contributed to boosted motorcycle registrations in 2015”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
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 NMDA Autumn 2015 Dealer Attitude Survey, published 2 November 2015, shows that the all dealer average when asked about the overall value of the franchise remained stable at 6.6 since the last survey in spring 2015. Harley Davidson, KTM and Kawasaki were recorded as the top 3 franchises, while the BMW, Honda and Piaggio Group were least valued.
