Spain: September motorcycle registrations +4.82%
Having been +13.03% for June (21,057 units), +16.45% for July (23,793 units) and +17.72% for August (13,742 units) in what may be a reflection of the building inventory issues affecting the industry, the latest new motorcycle registration numbers from ANESDOR, the motorcycle industry trade association in Spain, show September new motorcycle registrations there at +4.82% (15,743 units), the best September Spanish market performance since before the 2009 economic crisis.
The growth means that the market lag in Spain has declined again on an annualised basis to 'just' -12.63% YTD (118,525 units), though the rate of improvement has decelerated.
Like most of Europe, after a good start to the year in January and February (+11.96% and +19.28% respectively) registrations in Spain fell off a cliff at -46.64%, -94.43% and -43.68% respectively in March, April and May. Since then the recovery has been dramatic and the September figure of +4.82% represents an excellent result as the market laps an exceptional September in 2019.
Moped registrations were -7.73% in September (1,790 units) and at 15,676 units YTD are now up by +9.59% compared to the first nine months of 2019. In total PTW terms, Spain was +3.38% in September and is now just -10.51% (134,201 units) for the year to date.
Following his recent participation in a series of transport industry-wide and motorcycle-specific initiatives in Spain, ones that called for Government help for the sector, Jose Maria Riano, General Secretary of ANESDOR, stated that "this month registrations return to more moderate figures, however, we are still in positive territory. While we in the motorcycle market can be encouraged, we still all live in times of great economic and health uncertainty".
The top selling model in Spain YTD is the Kymco Agility City 125, followed by the Honda PCX 125. Honda remains overall market leader with 18.6% of the Spanish market (22,021 units sold), followed by Yamaha, Kymco, Piaggio and BMW (7,862 units sold YTD for a 6.6% market share).
