Good news European motorcycle sales increased by 10 percent Through Q3 2021

Good news European motorcycle sales increased by 10 percent Through Q3 2021.

Imptags : Good news European motorcycle sales increased by 10 percent Through Q3 2021. European motorcycle sales increased in European market,

Good news European motorcycle sales increased by 10 percent Through Q3 2021. 
Despite the global pandemic, motorcycle and scooter sales shot through the roof in the second half of 2020. In the face of social distancing measures, more people turned to outdoor activities and individual transportation. Vaccine rollouts have helped ease local lockdowns, but customers keep coming back to the showroom in 2021. In Europe, motorcycle sales are not only improving over 2020 figures, but also outpacing pre-pandemic figures.

According to the European Association of Motorcycle Manufacturers (ACEM), motorcycle registrations in France, Germany, Italy, Spain, and the United Kingdom totaled 792,819 units in the first nine months of the year. This represents a 10.6-percent increase over the same period in 2020. By Q3 2021, Europeans have purchased 60,225 (8.2 percent) more motorcycles than they did during the pre-pandemic period.

Moped sales remain steady compared to 2020. Through September 2021, 206,751 mopeds were sold in six major European markets (Belgium, France, Germany, Italy, Spain, and the Netherlands). It's actually a 0.2-percent decline in performance, but the industry grew 6.8 percent over the same period last year.

"The registration figures for the first nine months of 2021 confirm the market's recovery following the impact of COVID-19," said ACEM secretary general Antonio Perlot. Furthermore, the latest data confirms that the two-wheeler markets in Europe have exceeded pre-Covid-19 figures, with significant increases for motorcycles and mopeds."

The news is a big win for OEMs, but leaner days may be ahead. There have been several problems sourcing semiconductors throughout 2021, and an impending magnesium shortage could make matters worse. While preparing new models for 2022, motorcycle manufacturers will take solace in the fact that the industry grew steadily in the first three quarters of 2021.

Good news European motorcycle sales increased by 10 percent Through Q3 2021.

Imptags : Good news European motorcycle sales increased by 10 percent Through Q3 2021. European motorcycle sales increased in European market,

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