Thursday, April 25, 2024
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Consumer confidence

Following four consecutive months of decline, registrations in November increased by 22.5% compared to the previous year, according to data published by the MCIA.

Whilst the country was in lockdown in November 2020, hindering registrations, last year’s total was around 21% greater than the ten-year average for November.

It is likely that orders originally expected for delivery in the summer finally arrived, resulting in November’s uplifted total. This meant that the year-to-date registration tally was 12.1% ahead.

Recent feedback from dealers suggests that demand for new machines remained buoyant until late October before declining to more typical levels for the time of year in November. However, consumer spending confidence showed little sign of wavering.

Speaking to various manufacturers at the recent Motorcycle Live show at Birmingham’s NEC, feedback was generally positive, with a strong interest in 2022 season stock. However, the main concern is ongoing supply issues with no clear indication of how long this situation will continue. Feedback at the show in December indicated that attendance levels had been impressive and there was a good vibe. It was great to be back again.

Paul McDonald,
Leisure Vehicles Editor

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