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Old 01-09-2015, 01:00 PM   #1
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Bike sales are booming

Best year for new bikes sales since 2009 and predictions growth will continue

Bike sales are booming



UK BIKE sales grew to their highest level in five years in 2014, with a rise of 10% compared to the year before.

New registrations increased in every single month last year, according to the Motorcycle Industry Association.

Year-end figures show 101,277 new motorcycles, scooters and mopeds were registered compared to 91,908 in 2013.

Naked bikes did particularly well, up 32%, while tourers were up 13%.

In capacity terms, bikes between 651cc and 1000cc performed especially well, up 18%.

The rise coincided with an increase in the number of bikes on the road. Government figures show the number of powered-two-wheeler licensed for the road is at its highest level in five years, at 1,326,500. That's nearly double the number in 1994, according to the MCIA.

MCIA Chief Executive Steve Kenward predicted continued growth. He said: 'We are optimistic we will see similar levels of growth for the next 12 months.

'Motorcycles which appeal to leisure riders have sold very well, which marks a sustained return of consumer confidence. We began to see the shoots of recovery in bike sales towards the end of 2013, but with 12 months of solid growth, we feel confident enough to say that this indicates people are feeling more comfortable about spending money.'

He added: 'We predict an increasing number of people will switch to PTWs as a means of avoiding the misery of commuting by car and expect this to become a long term trend tracking the projected rise in congestion.'
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