It’s one of the ‘bibles’ for the automotive and motorcycle trade when it comes to data. Now Solera cap hpi is launching a series of product improvements. The new, enhanced Green Book and New Vehicle Data platforms claim to combine expanded market intelligence with motorcycle options data for the first time, and the firm says this will give information levels closer to that available in the car market.
Solera says the update, which will be released in October, reflects the growing complexity of modern motorcycles, especially when it comes to specification levels, technology packages and factory-fitted options. For dealers, the additional data should make it easier to value stock, both on new and used models. The update also standardises the way motorcycle pricing is presented, displaying basic vehicle prices separately from registration and taxation costs.
Stacey Ward, senior data director at Solera cap hpi, said: “The motorcycle market has evolved significantly in recent years, both in terms of the complexity of model ranges and the expectations dealers and consumers now have around data accuracy.
“The relaunch of our bike data is about giving the industry a far richer and more transparent view of the market. By expanding our data sources, enhancing our New Vehicle Data and introducing motorcycle options data for the first time, we are creating a more detailed and accurate picture of both new and used motorcycles. Accurate and structured data is becoming increasingly important for dealers, finance providers and insurers as they look to improve decision-making and reduce risk across the vehicle lifecycle.”