Germany February motorcycle registrations +10.41%
The latest data from the German motorcycle industry association (IVM) show motorcycle registrations for the year to February 2024 up by +6.22% at 16,225 units, having been -3.52% on low volumes in January (4,436) and +10.41% (11,789 units) in February 2024.
In motorcycle unit terms, that is the best start to the year in Germany since before the global economic crisis of 2008.
In total PTW terms, the German market was +4.15% at 24,596 units to the end of February 2024 - also the best since before 2008.
The top selling model YTD is the new BMW R 1300 GS with 1,193 units sold for a 7.35% market share. This was followed by the R 1250 GS (2.48% share), the Kawasaki Z900 (2.08%), BMW's S 1000 RR (1,96%) and the Yamaha Ténéré 700 (1.78%) in fifth spot.
With six models in the top 20, it is no surprise that BMW is market share leader in its home market, with 4,256 units sold for a 26.23% market share. It was followed by Honda with a 14.88% market share (2,414 units); KTM on 10.60% market share (1,720 units); Kawasaki (8.18%/1,327 units) and Yamaha (7.12%/1,156 units).
The top 10 market shares were rounded out by Suzuki (6.04%), Triumph (4.09%), Harley-Davidson (4.04%), Ducati (3.72%) and Husqvarna with 3.19% in 10th spot.
The top six electric PTW brands in Germany YTD were Zero, Vmoto, Electric Motion, Energica, KTM and Livewire with 101 units sold between them.
For the record - in motorcycle terms, the German market was up for ten out of 12 months in 2023 at +16.41% (125,748 units). That was the second-best year for motorcycles in Germany since before the 2007/2008 financial crisis and the subsequent recession. In total PTW terms, the German market was +6.98% at 215,501 units. The used market in Germany saw 442,868 vehicles change hands in 2023. 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, the Honda CB 750 Hornet third). 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, with Kawasaki third.
