Wednesday, February 5, 2014

Motorcycle sales up 3 percent in 2013, Scooter Sales Down according to MIC

Dealer News just broke the story which seems to confirm what we've been saying to dealers. The business of repairing and selling used scooters is the fastest growing segment of the industry due to the fact that fewer newer units are sold.

So the big news is compared to 2012 Scooter sales dropped 15.5% for the main Japanese brands (Honda, Suzuki, Yamaha) and Piaggio (Vespa/Aprilia/Piaggio) and Kymco. Since these are the only 7 out of 40 plus brands in the USA that report to the MIC.

Unless gas prices increase which is unlikely there will probably not be an increase in sales in 2014, but on the plus size it means better prices, more competitive units, and more repair work for dealers fixing used units.

To see the Dealer News article click below.

Motorcycle sales up 3 percent in 2013, not counting scooters | Dealernews

For the full year, dual-sport, off-highway and street motorcycle sales posted a combined 3 percent increase for 2013 compared to 2012:
  • Dual-purpose sales ended the year at 32,979 units sold, up 7.8 percent (2,387 units) from 2012.
  • Off-highway motorcycle sales ended the year at 73,371 units sold, up 5.7 percent (3,976 units) from 2012.
  • Street motorcycle sales ended the year at 324,691 units sold, up 2 percent (6,485 units) from 2012.
Scooter sales dropped 15.5 percent from the previous year. Even though scooter sales represent only 7.4 percent of sales in the U.S., the decline was enough to keep growth of the combined two-wheel market at 1.4 percent. Brands monitored by the MIC sold 6,363 fewer scooters in 2013 than they did in 2012, when they posted a 7.7 percent gain over 2011.

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