Thursday, April 25, 2024


As retail footfall moved closer to pre-Covid levels in February, motorcycle point-of-sale funding provider MotoNovo Finance says it finished the month with a record performance.

“Our volumes in the final week of February were extraordinary, especially in light of traditional trends ahead of the 1 March new plates,” reported MotoNovo managing director Karl Werner. “The result was that, on 28 February, we hit an all-time lending record.”

According to British Retail Consortium data, total UK high-street footfall hit the highest number of shopper counts seen since pre-pandemic levels in the last week of the month — a trend precisely matched by MotoNovo’s own activity registered in that period.

Assessing the reasons for this increase, Werner pointed to a combination of factors. These included work by MotoNovo to improve acceptance levels and the launch of a business strategy focused upon an all-new target operating model. But above all, his instinct concluded the footfall surge was something more human.

“I sense we have seen a real desire for togetherness,” Werner added. “People are pleased to be out and about and working to create the new normal — that has been referenced widely. Evidenced by the huge uplift in face-to-face contact, dealers are pleased to see us and all their feedback from customers reflects similar views. Personal contact is being valued very highly.”


Product News

New Kawasaki capacity

Kawasaki has introduced a new capacity option for younger riders this season, the KX112 – a classic two-stroke, water-cooled, single-cylinder bike with a 19in...