Thursday, 24 September 2020

German registrations

Germany: motorcycles +41.09% in August

Germany's apparently relentless march to market recovery continued in July and August with the latest data from the IVM, the motorcycle industry trade association in Germany, showing new model registrations massively up over August last year at +41.09% (12,704 units), having been +41.25% (17,393 units) in July (and +21.64%/14,010 units in June).



That means the German market has now largely put the negative effects of the coronavirus pandemic on new motorcycle registrations into its rear view mirror, with new model registrations now in the positive for the YTD at +4.56% for the first eight months of 2020 (100,920 units, compared to 96,516 in 2019).
In the context of 2020, the motorcycle registration statistics in Germany for 2020 so far have been remarkable. The market demonstrated the same promising start to the year that was seen elsewhere in Europe, having been +37.14% (4,446 units) in January. After the start of a decline in February (-3.98%/9,252 units) as Germany responded to the upcoming health emergency hard and early, motorcycle registrations were -18.70% in March (16,581 units) and -28.14% (12,064 units) in April, but started to recover in May (+6.33%/14,524 units), suggesting that demand hadn't gone away, with consumers buying when they judged the moment right to do so.
Indeed in total PTW terms, it looks very much like the theory that the urban mobility and isolation messages that PTWs have in their favour are being taken up by commuters. Total PTW registrations in July were up +54.95% at 29,977 units and +59.57% (23,146 units) in August, putting the YTD at +18.03% for the first eight months (163,986 units, compared to 138,931 units in 2019).
In market share terms, BMW remains 'Top Dog' in its home market with a modestly reduced 20.91% share YTD (21,103 units sold and six models in the top 20 best sellers in Germany YTD), followed by Kawasaki, Honda, KTM and Yamaha.
The top selling model was BMW's R 1250 GS (7,338 units YTD), followed by the Kawasaki Z900 (Z650 in fourth), Yamaha MT-07 third (Ténéré 700 in 9th), KTM 690 SMC, 790 Duke and 390 Duke in 5th, 6th and 8th spots, Honda CMX 500 Rebel in 7th and BMW S 1000 XR 10th.
Last year saw the German motorcycle market grow by +4.38% to 113,039 units, with PTW sales growing by +6.53% to 165,311 units.