As the weather alternates between summer sunshine and dreary grey skies, the powered two-wheeler market is showing signs of stabilising and moving towards growth. Building on the moderate increase shown in April, May has built on this, with growth of 2.6%” says Symon Cook, head of the National Motorcycle Dealers Association (NMDA), commenting on the latest MCIA figures.
“In May, there was a 2.6% increase in total registrations, from 10,889 to 11,172 units. Total motorcycle sales increased by 3.1% from 10,365 to 10,684 units, while moped registrations contracted by 7.6% to 400 units. Year-to-date figures show a modest increase of 0.7% for total registrations.
“The various categories of motorcycles exhibited a wide range of performances. Modern classic witnessed remarkable growth of 50.1% for the month to 1587 units, and adventure was up 18% to 2413 units. Competition saw a significant decrease of 26.2%, down from 565 to 417 units.
“Electric two-wheelers saw a substantial contraction of 23.2% from 396 to 304 units. Despite this, year-to-date figures still show an increase of 1.4% to 1492 units.
“In terms of the different ICE powertrains, there was a clear leading performer this month, with the 126-500cc category witnessing a remarkable period of growth (38.8%). The bigger bikes saw a decrease, with 751-1000cc contracting by 6.9% and 1000cc+ contracting by 2.7%.
“Honda has once again emerged as the best-selling brand of the month, with 1940 units sold. It is followed by Triumph (1479) and Yamaha (1077), while Ducati rounded out the top 10 with 271 models sold.”
Cook concluded: “Despite two consecutive months of relatively moderate growth in the two-wheeler market, year-to-date total registrations are only marginally higher than they were at this time last year.
“It is crucial that the next government understands the needs of the sector, including current challenges such as licensing regulations, to help restimulate the new two-wheeler market.
“Whilst NMDA members express optimism as we approach summer, this general election period will be critical to retailing and consumer demand.”