Thursday, April 25, 2024
HomeNEWSPTW MARKET REFLECTS SIGNS OF CURRENT ECONOMICAL ISSUES

PTW MARKET REFLECTS SIGNS OF CURRENT ECONOMICAL ISSUES

“October was a disappointing month for the Power Two-Wheeler (PTW) market, registering a decline of sales in all sectors. An overall summary of the market revealed new registrations decreased by 6.0% in October, with 8,003 total registrations. However,  registrations YTD increased moderately, with a 2.8% increase. These are signs of the challenges the industry is currently facing with the energy crisis and the cost-of-living crisis set to further impact figures in the following months,” said Symon Cook, head of NMDA, commenting on the latest MCIA new registration figures.

RELATED ARTICLES

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...