UK February motorcycle registrations +5.73%
The latest data available from the Motorcycle Industry Association (MCIA) in the UK show new motorcycle registrations up by +5.73% YTD at 10,450 units, with January +5.11% (5,656 units) and February +6.46% (4,794 units). This was the second-best UK motorcycle market performance for the first two months of the year since before the 2008 financial crisis.
Total new PTW registrations were +5.28 YTD at 11,065 - reflecting the very small size of the UK moped market.
Total scooter sales in the UK were 3,630 units YTD, up by +10.1%. The fastest growing sector in the UK motorcycle market is the ADV segment, which is up by +22.4% YTD (1,962 units). 'Electrics' were -4.0% YTD, with just 404 units registered during the first two months of the year.
The Yamaha MY-07 ABS Naked was the best-selling motorcycle in the UK in March (62 units), followed by the BMW R 1300 GS (61 units).
The Beta RR 2T 300, Royal Enfield Meteor 350, Triumph Speed 400 and Suzuki GSX 800 R headed-up their respective market segments in the UK in March.
For the record - the UK motorcycle market was down by -1.20% in 2023, at 107,215 units. Total PTW registrations were down further by -2.53% (112,748 units). Despite these statistics likely reflecting that the UK entered a small but definite technical recession in the second half of 2023, the numbers were actually the third best for the UK motorcycle market since before the 2007/2008 financial crisis.
