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MORE GLOOM IN FEBRUARY REGISTRATIONS

Following January’s sharp downturn, MCIA registration statistics for February were even weaker, the total falling by 21.6% to 3898 units, writes BDN financial editor Roger Willis. Year-to-date numbers are now 18.4% down to 8782 units. Both of these tallies dropped below parallel positions in February 2015, respectively worse by 2.2% and 3%. 

Scooters felt the most pain, dropping by 28.6% to 987 units. Some 2444 motorcycles represented a 19.6% deficit. The 50cc sector lost 13.9% to just 439 mopeds.

Individual manufacturer performances were all over the place. Market leader Honda climbed tentatively back into positive territory, with a 2.1% rise. But runner-up Yamaha took a 28.7% dive. Reports suggest an absence of new-season stock was largely responsible.

However, some losers were clearly ongoing victims of the Euro 3 preregistration fiasco leaving thousands of plated but unsold bikes cluttering dealer showrooms. Chinese flag-carrier Lexmoto plunged by 71.5%, KTM was 34.1% down and Piaggio dropped by 27.4%.

There was better news for BMW, which stacked on 26.5%. Its strength in the singularly healthy over-1000cc engine band, which made a 19.8% gain, had to be associated. Kawasaki also did well, 12.7% up, and Triumph held station on a negligible 0.5% fall.

Apart from over-1000cc success, other capacity classes were all negative. The 51-125cc slot, closely linked to Euro 3 legacy headaches, took the hardest kicking, 34.3% down. But a 19.4% decline for 651-1000cc products was the most worrying market indicator, given it should be only marginally affected by Euro 3 factors. Again, the best excuse might be a stock famine (Click on the News tab and vote in our online poll).  

See full MCIA stats.   

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