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UK

10/07/2018

The motorcycle industry is "plugging the gap left by March's shocking weather", according to Neil Richardson, head of the motorcycle division at Close Brothers Motor Finance. Commenting on the rise in registrations: “It’s been another good month for motorcycle registrations, with both new and used bikes seeing strong sales in June. We’re plugging the gap left by March’s shocking weather, and it’s great to see the market getting back on track.

"Dealers now need to take advantage of the second half of the season, focusing on smaller bikes, electric models, and adventure bikes, all of which are benefiting from strong consumer demand. This will ensure dealers are on track to trade profitably as we move into autumn.
 
“Legitimate concerns around threats of a tax shake-up in the US have been raised in recent days, and it would be wrong not to act with caution. If Harley-Davidson is hit by the proposed tax hikes, this will likely have ramifications on pricing in the UK, which could lead to issues for dealers. While the only real option is to wait and see, dealers can protect themselves by diversifying their stock and exploring the range of finance and aftersales available to them within their current customer base.”