Germany - 2023 motorcycle registrations +16.41%
The latest data from the German motorcycle industry association (IVM) show motorcycle registrations for 2023 up by +16.41% at 125,709 units from 107,992 in 2022.
The German market softened in the final two months of the year on low volumes (and in the first month of 2024), but was up, in percentage terms, for ten out of 12 months in 2023. This was the second best year in Germany since before the 2008/2009 financial crisis and the subsequent recession.
In total PTW terms, the German market was +6.98% at 215,501 units. Again though, registrations softened in the final two months of 2023 and the first month of 2024.
The used market in Germany saw 442,868 vehicles change hands. The most traded motorcycle was the BMW R 1200 GS, followed by the leader in new registrations of light motorcycles, the KTM 125 Duke. Honda was the strongest brand in 2023 and was therefore, not surprisingly, in first place when it came to vehicle changes.
The top selling motorcycle in Germany in 2023 was the BMW R 1250 GS with 7,529 units sold for a 5.99% market share. The Kawasaki Z900 was second (3,650 units sold, 2.90% share), with the Honda CB 750 Hornet third (3,295 units, 2.62% share).
Despite dropping to 'just' having three models in the 25 top-sellers in Germany in 2023, BMW retained its top spot as German motorcycle market leader with 23,978 units sold for 19.07% market share, which marked some 4.4% growth on its unit sales in 2022. Honda took second spot (22,170 units, 17.64% share), with Kawasaki third (12,864 units, 10.23% share).
