It is unsurprising to see a fall in registration figures for motorcycles and scooters in February – it has been a slow start to the year, which can be attributed to a range of factors including supply issues, the economic squeeze beginning to hit riders’ pockets, and preparations for the new plate change month of March,” said Symon Cook, head of the National Motorcycle Dealers Association (NMDA) commenting on the latest MCIA registration data.
“In February, total registration figures fell by 7.6%, from 5212 units to just 4814.
“The sector with the highest volume, over-50cc scooter, fell from the 1752 units registerd in February 2022 to 1379 units – a reducion of 21.3%. In contrast, the second-highest volume sector, naked motorcycles, experienced its second consecutive month of growth. It increased from 820 units to 945 (an improvement of 15.2%). Promising growth was seen yet again in the modern classics sector, which rallied by 42.5%, competition which rose 18%, and non-scooter tricycles which added an extra 10 units for a robust 250% boost.
“Internal combustion engine PTW registrations fell by 3.7% to 4594 units, but electric-powered PTWs were harder hit with a 50% reduction compared to February 2022, leading to a 55% drop year-on-year to date.”
Cook added: “With warmer months on the horizon as spring and summer approach, trading periods will inevitably get stronger. NMDA dealers remain confident that 2023 will be a profitable year for the motorbike industry.”