Bike sales show signs of recovery
New statistics released by the Motorcycle Industry Association (MCIA), a BMF Corporate Member, have revealed a strong recovery in sales and registrations for powered two-wheelers (PTWs) after months of upheaval due to the COVID-19 pandemic.
After a tough start to the quarter with major falls in May and April, June saw 14% growth in total sales and registrations on a year-on-year basis. However, while motorcycles saw an encouraging 13.4% growth when compared to the same period last year, mopeds and scooters saw a spectacular 38.8% growth.
A statement by the MCIA noted: “Although these encouraging figures will no doubt include those who would have ordinarily bought during the months of lockdown, the big increases in the sales of scooters and commuter motorcycles suggest that many buyers are those who have been deterred from using public transport and for whom walking and cycling are not viable.
“These new riders have now experienced the many benefits of PTWs, including their agility, avoidance of traffic congestion, ease of parking and low ownership costs. They will have discovered a shorter commute that puts extra time into their day, money in their pocket and takes away stress. Consequently, the MCIA continues to call on the government to fully endorse PTWs and to prioritise them in transport planning.”
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