October Powered Two-Wheeler Registration Figures
MCIA today released the October month and year to date new vehicle registration figures for motorcycles, scooters, and other L-category vehicles.
New registrations for October are down 6% at 8,003 units, whilst the year-to-date market remains positive showing a year-to-date growth of 2.8%. The October market performed ahead of our original forecast and continues to out-perform some other European markets such as Italy and Germany. Electric Powered Two Wheelers continue with a strong performance showing a year-to-date increase of 13.7%.
The Italian motorcycle show (EICMA) will open tomorrow, followed by the UKs own showcase event, Motorcycle Live, taking place later this month. Many new and exciting 2023 models, the latest technologies and innovative products will be launched and on show to the public bringing our sector into the spotlight.
Motorcycle Live, which takes place from the 19th – 27th November at Birmingham’s NEC will offer the UKs first viewing of recently released product straight from EICMA, along with dedicated UK product launches. Offering many opportunities for seasoned, and new riders to ride product both within the confines of the Halls and on public roads around the venue.
Tony Campbell, CEO of MCIA said, “MCIAs flagship event, Motorcycle Live, is a great platform for key industry organisations to showcase their brand new 2023 models.
Whilst year to date registrations remain positive and the industry buoyant, we must continue to ensure that our members and the wider industry are given a political landscape from which they can continue to satisfy existing and future demands”.
More details about October registration figures can be found here.
Please credit MCIA when quoting this information.