Triumph-Speed-400
British Motorcycles Market is flat. After the first five months of 2024 are at been 48,694 (-0.1%). Honda is still the leader while main challengers reduced the gap.
UK’s motorcycle industry trend and perspectives
Weak consumer demand, record inflation and skyrocketing interest rates hit in 2023 the British 2-wheeler industry, with total sales for the year being 113,496 (-2.5%).
The start of the 2024 was not better, with the market still struggling a bit. After the first five months of the year, sales are at 48,694 units (-0.1%).
Upon examining the data, we note that the motorcycle segment experienced moderate decline, now at -0.4%. In contrast, the scooter segment saw an increase of 1.0%.
The electric segments also were subject variable performance. The electric L1 category saw an increase of 23.4%, while the electric L3 class saw a modest decline of -0.7%.
Royal Enfield Scram 411
Looking at top manufacturer’s performance, Honda confirms the leadership, although with sales slightly declining (-0.4%). In second place, Yamaha has reduced the gap from the leader, gaining 4.6% ytd. In third place, Triumph gained 16.0% while, in fourth, place BMW lost 1.8%.
Behind them stand Kawasaki (+8.0%), KTM (-6.2%), Royal Enfield (-0.5%) and Suzuki (-0.1%).
Lexmoto Yadea G5
Source link : https://www.motorcyclesdata.com/2024/06/24/british-motorcycles-market/
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Publish date : 2024-06-24 08:00:44
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