Thursday, November 8, 2012

Motorcycle Sales Are Up....go ahead and smile.


Wandering from dealership to dealership here in the southeast, you get the sense business is good, and maybe better than expected.  Since aftermarket parts, clothing, accessories, etc follow bike sales, if unit sales are up, the rest of the business get healthier.  Recent numbers show a growing positive.

Data from the Motorcycle Industry Council (MIC) reports motorcycle sales holding steady through the third quarter of 2012. The MIC report, which tracks through the end of September, claims a slight 1.3% gain in year-over-year motorcycle sales with a 3.1% increase in ATV sales.

On-Highway motorcycles registered a 0.8% increase over 2011 data. The MIC reports 271,767 units sold, up 2062 from last year. On-Highway is by far the largest motorcycle market segment tracked of the MIC data and includes most street and sportbikes, as well as cruiser models.

Scooters continue to show the highest percentage gains of any segment, up 7% through the first nine months of 2012. Traditionally more volatile than the standard motorcycle market, Scooter sales often fluctuate with the cost of gasoline.

The ATV market continues to recover in 2012, though its 3.1% improvement through the third quarter has slowed from the more heartening 5.6% increase at the end of Q2.



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