Motorcycle sales continue upward trend
- 9 July 2015
- Posted by: Simon Wait
- Category: News
Motorcycle registrations in June marked a 13 per cent growth compared to the first half of 2014.
‘It is extremely positive to see that the motorcycle market has continued to grow, with dealers reporting a 19.2 per cent increase in sales in June’, said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
Stephen continued, ‘Larger machines in the 651-1000cc category saw the most significant growth, with sales up over 36 per cent compared to this time last year, and up 26 per cent on a half year basis when compared to 2014. A rise in sales of these models indicates a strong confidence in the economy as these machines are used mainly for social purposes.’
‘Larger models over 1000cc – usually a lifestyle purchase used for touring, recorded an increase of 22 per cent in June. Again suggesting a boost in consumer confidence.’
‘All power sectors showed signs of growth with the exception of the 50cc machines – typically purchased by younger riders.’
‘The NMDA are hopeful that the growing trend of motorcycle sales continues to grow, and 2015 could mark a record year with bikes reaching over the 110,000 sales figure.’