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Stock shortages still a problem

New motorcycle registrations grew 38% in the first four months of 2022, however, data published by the Motor Cycle Industry Association (MCIA), showed that in May they declined by 11% compared to last year.

May 2021 was the first full month that dealerships were allowed to open following over three months of lockdown, with customers eager to have their new machines registered, which bolstered registration figures. However, it is positive to note that May’s registrations increased by 9.6% over 2019’s pre-pandemic total.

Despite some dealers noting that business quietened a little during May, possibly a result of stock shortages and long lead times, demand remains healthy and continues to outstrip supply. The majority of dealers report stock availability being the main bugbear for the industry. However, the ‘cost of living crisis’ may be starting to be felt, with some dealers reporting having orders cancelled. That said, many dealers are not seeing any negative effects on consumer spending, albeit they are aware it could become more of an issue in the coming months.

Paul McDonald
Leisure Vehicles Editor


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