Tag: Stephen Latham
NMDA at Motorcycle Trade Expo knowledge shop
The National Motorcycle Dealer Association (NMDA) will be on hand to offer support and advice at the upcoming Motorcycle Trade Expo knowledge shop (20-22 January 2019 at Stoneleigh Park, Warwickshire). The NMDA represents the interests of motorcycle dealers in the UK and holds regular discussions with the relevant government departments and motorcycle manufacturers to raise industry concerns, and keep abreast of the latest changes to support its dealer members.
2018 ‘a turbulent year’ says NMDA
“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.
Motorcycle sales stable in May
Year to date figures from the Motor Cycle Industry Association show that the market stands at 44,695 units registered - only 158 more bikes sold than the same period last year.
Motorcycle sales up in February, scooter sales drop
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.
January motorcycle sales – all sectors show growth
The latest figures released by the Motor Cycle Industry Association have shown an increase in demand for motorcycles, but it is not time to get carried away by this apparent success, according to the National Motorcycle Dealers Association (NMDA). “Demand for motorcycles in January was up 11.8 per cent on the same period last year, registering 5,458 units. However, this was expected as last year the market was flooded with a high volume of pre-registered bikes for sale,” said Stephen Latham, head of the NMDA.
Motorcycle sales down for 11th month running
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.
October motorcycle sales down 13.6 per cent
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.
Motorcycle sales down again in August
Motorcycle registrations in August fell by –17.8 per cent compared to the same period last year, with the total number of bikes being sold down to 6,856 units. “Demand for motorcycles continued its downward trend in August – marking eight consecutive months of decline in the market”, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA).
Motorcycle market: Another month of decline
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.
Brexit and general election factors in decline in motorcycle sales – NMDA
The triggering of Article 50 and the decision to call a general election have been cited as factors in the 16 per cent decline in motorcycle sales registered by Motor Cycle Industry Association figures in April. 10,365 bikes were registered, compared to 12,343 bikes put on the road in the same period for 2016.
UK motorcycle registrations down 12.6% in March
UK motorcycle registrations have dropped again in March, usually a strong month as new number plates are released and the riding season begins in earnest. Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) said dealers had expected the market to be up, “however registrations were down -12.6 per cent - a huge drop of 2,103 machines compared with March last year.”
Motorcycle registrations fall in February
The Motor Cycle Industry Association has released the February figures for motorcycle registrations. Commenting on the figures, Stephen Latham, Head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “Following a surge in pre-registrations of Euro 3 machines in December, registrations were down in February -21.6 per cent compared with the same period last year.”
Good end to 2016 for motorcycle sales
Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) has stated that the end-of-year peak in the bike market arrived “as predicted” as a result of the Euro 3 deadline. Commenting on figures released by the Motor Cycle Industry Association, Latham said it was the high volume of low cost machines that proportionally registered the highest numbers.
November a good month for motorcycle sales
Despite poor weather conditions, a total of 7,644 motorcycles were registered in November 2016 – a significant increase of 6,821 more bikes compared to November 2015. “It is positive to see that the motorcycle market has come back strong in November with sales up 12.1 per cent over the same period last year,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA).
NMDA Autumn 2016 Dealer Attitude Survey
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.”