Mycarcheck.com: Sales spikes for alternative fuel cars and 126-650cc bikes
Mycarcheck.com’s valuation experts reveal significant trends in the UK used vehicle market and choose a car and bike of the month.
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January motorcycle sales – all sectors show growth
The latest figures released by the Motor Cycle Industry Association have shown an increase in demand for motorcycles, but it is not time to get carried away by this apparent success, according to the National Motorcycle Dealers Association (NMDA). “Demand for motorcycles in January was up 11.8 per cent on the same period last year, registering 5,458 units. However, this was expected as last year the market was flooded with a high volume of pre-registered bikes for sale,” said Stephen Latham, head of the NMDA.
NMDA expects ‘challenging’ year for bike sales
The National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, is expecting 2018 to be a challenging year for the motorcycle industry. The association has carried out extensive economic research in order to estimate the size of the foreseeable market for this year, taking into account the strong global economy which has a predicted growth of 3.9 per cent in 2018, and the sterling which is back to its pre-Brexit strength of $1.40.
Good end to 2016 for motorcycle sales
Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) has stated that the end-of-year peak in the bike market arrived “as predicted” as a result of the Euro 3 deadline. Commenting on figures released by the Motor Cycle Industry Association, Latham said it was the high volume of low cost machines that proportionally registered the highest numbers.
November a good month for motorcycle sales
Despite poor weather conditions, a total of 7,644 motorcycles were registered in November 2016 – a significant increase of 6,821 more bikes compared to November 2015. “It is positive to see that the motorcycle market has come back strong in November with sales up 12.1 per cent over the same period last year,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA).
Double digit growth in September motorcycle sales
A total of 2,359 more motorcycles were registered in September 2016 compared to the same period in 2015. “September saw exceptional growth in the motorcycle market – recording a growth of 17.3 per cent following the 66-plate change,” said Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK.
Used bike market trends ‘unusual’ – My Car Check
My Car Check says the used motorbike, scooter and moped market has been irregular, as the riding season enters its final month. Rob Hobson said: “It really has been an unusual year in the used two-wheel market. Some traders say they are busier than ever, but against that used bikes advertised through the classifieds seem […]
Buoyant motorcycle sales continue in June
Commenting on statistics released by the Motor Cycle Industry Association, Stephen Latham, head of the National Motorcycle Dealers Association (NMDA) which represents motorcycle retailers across the UK, said: “In spite of widespread concern over the referendum result, June registrations for new motorcycles were up 6.9 per cent over the same period last year”.
