German motorcycle registrations up 18 percent for October
THE latest data from German motorcycle industry trade association the IVM (Industrie-Verband Motorrad Deutschland) shows new motorcycle registrations up by 18.5 percent in October, albeit on the low volumes associated with this time of the year - 3,834 units (compared to 3,235 units in October 2013).
This follows the market being up by 20.7 percent in September (6,124 units) and represents the 24th month of growth in Germany since January 2012.
For the year to date, Germany is running +9.6 percent (92,470 units) compared to being +2.3 percent by the end of October 2013, and +2.3 percent by the end of October 2012.
In total PTW terms, the +16.5 percent growth seen in September (9,594 units) has been followed up by +20.1 percent growth in October (6,599 units).
For the year to date, total PTW registrations in Germany are up 7.6 percent (133,931 units) compared to being +1.1 percent after the first ten months of 2013, and +0.6 percent at the same stage in 2012.