February Powered Two-Wheeler Registration Statistics
MCIA today released the February month and year to date new vehicle registration figures for motorcycles, scooters, and other L-category vehicles.
February registrations are down by 7.6% compared to 2022 and 7.2% down year to date for the same period. Whilst an uncertain economy, high inflation and rising interest rates will have contributed to this slow down January and February are both low volume months for the sector and therefore relatively small volume differences have a greater effect on the market trend.
Industry, both within our sector and across other markets, continue to experience supply chain issues and product availability which we believe is creating an additional knock-on effect.
Tony Campbell, CEO of MCIA said, “A reduction in registrations for the first part of Q1, whilst disappointing is not what we expect to continue as a trend as we move into the Spring and the main selling season for the sector. Interest in Powered Two Wheelers remains strong whether it be for commuting, last mile delivery or leisure and we are confident of a good year in 2023”.
More details on the February registration figures can be found here.
Please credit MCIA when quoting this information.
Notes for Editors:
The MCIA is the body that represents the UK Powered Light Vehicle (PLV) industry. PLVs can be defined as motorised lightweight scooters, motorcycles, tricycles and quadricycles, typically with zero or low-emission power.
Within regulation they are defined L-Category vehicles (Regulation 168/2013), they are an answer to the traffic congestion and air quality challenges created by personal and goods transportation.
For more information about the work of the MCIA and Powered Light Vehicles, or to interview MCIA CEO, Tony Campbell, please contact Gina Evans at firstname.lastname@example.org.