Europe shows a 10.3% increase in registration in the first three months

 Europe shows a 10.3% increase in registration in the first three months

In the first three months of 2021, registrations of new motorcycles in five of the largest European markets (i.e. France, Germany, Italy, Spain and the UK). Showed an increase of 10.3% (197,856 units) compared to the same period of 2020. 

March’s strong results (+67.6%) managed to offset the negative trend shown in the first two months of the year (-29.8% in January and -12.8% in February).

The registration trends in the motorcycle segment vary considerably across the countries. 

Some as Italy (+47.3%) and France (+15.1%) registered substantial increases. While others such as the UK (-21.3%), Germany (-4.1%) and Spain (-0.5%) still lag behind 2020 figures. 

It is linked to the different form of lockdowns imposed across European countries in 2020 and to the fact that last year’s basis for comparison in some cases was shallow.

The moped segment performed slightly better. The six largest European moped markets (i.e. Belgium, France, Germany, Italy, the Netherlands and Spain). Moped registrations reached 56,535 units, representing an increase of 21.6% compared to last year’s figures.

Quote

Commenting on the current situation of the sector, Antonio Perlot, ACEM Secretary-General, said:

“The first quarter registration figures of 2021 show that the sector continues to recover from the C-19 crisis, although at a different pace across Europe”.

“It would not be fully accurate to compare this year’s figures with the ones from 2020 since last year, a large number of dealerships were closed. And several European economies were under lockdown”.

“If we look at 2019, arguably a more typical year, 2021 motorcycle registrations are still behind (-4.14%), whilst moped registrations show a substantial increase (+19%).

“This shows that whilst uncertainties persist for European economies, at the same time, the market is reactive. 

It confirms the attractiveness and convenience of powered two-wheelers for urban and peri-urban commuting.

Also, more and more consumers are opting for motorcycling when it comes to safe leisure activities, such as touring closer to home”.

via ACEM

0 0 vote
Article Rating

Akash Dolas

Related post

Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x
SUBSCRIBE TO OUR MONTHLY NEWSLETTER
And keep yourself up-to-date about biker's news.
SUBSCRIBE NOW!
Receive monthly Biker's News right in your inbox.