Monday, April 22, 2024
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Autumn fall gains momentum

According to the latest data published by the MCIA, registrations fell by 3.4% in October.

Although October saw the fourth consecutive monthly decline, the deficit was smaller than in recent months. The year-to-date registration tally now sits 11.4% ahead of last year. However, due to the disruption caused by Covid-19, a fairer comparison is with 2019’s pre-pandemic monthly totals. Compared to October 2019, 19.7% more machines have been registered this year, which is a very impressive result.

Recent feedback from dealers suggests that enquiry levels for new machines in October fell, which is not uncommon as autumn gains momentum. Despite this, the majority of dealers held the view that demand is at least on par with last year.

Dealers have expressed their concerns about how supply constraints may affect the season ahead, with a number reporting that customers have cancelled orders due to anticipated long lead times. However, many dealers are optimistic that 2022 will be buoyant, with strong order intake and consumer spending confidence remaining high.

Paul McDonald,
Leisure Vehicles Editor

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