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ACEM HAILS EUROPEAN MARKET RECOVERY

According to European motorcycle industry association ACEM, bike registrations in Europe’s five largest markets — France, Germany, Italy, Spain and the UK —have reached 708,503 in the first nine months of 2020, only 3.3% down on the equivalent period of 2019.

ACEM points out this is a huge improvement from the first half of the year, when the main European markets had fallen on average by 17%, due to paralysis of commercial activity by the Covid-19 pandemic.

And it says the moped sector looks in even better shape, with registrations in the largest European markets — Belgium, France, Germany, Italy, the Netherlands, and Spain — increasing by 6.4% to 205,688 during the same January to September period.

Commenting on this good news, ACEM secretary general Antonio Perlot said: “The motorcycle registration figures show that the sector is slowly starting to recover from the very difficult months of March and April, which had put us under unprecedented financial stress.

“The situation remains delicate, and uncertainty created by the Covid-19 outbreak is not over yet. That said, there are reasons to be optimistic. The recent decision by EU institutions to extend the cut-off deadline for selling Euro 4 models until 31 December 2021 will certainly help the industry to cope better with this crisis.”

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