Honda reports a 20.0% year-on-year increase in motorcycle and ATV sales over the second quarter ended Sept. 30, 2011. Despite a record second quarter for motorcycle sales, Honda saw a drop in net profit due to struggling auto sales and the aftereffects of the Japanese earthquake in March and flooding in Thailand. According to its […]
US Motorcycle Sales Up 6.7% in Q1 2012
The Motorcycle Industry Council reports U.S. motorcycle sales increased 6.7% over the first quarter of 2012.
According to the MIC’s latest quarterly report, American consumers purchased 109,425 motorcycles in the three months ending March 31, 2012, compared to 102,547 units the year before.
The MIC also reports ATV sales have increased for the first time in years, increasing 5.0% to 50,107 units. ATV sales have been fading as consumers looked to side-by-side instead. The MIC does not report side-by-side sales however.
Off-road motorcycle sales continue to decline, with dealers selling 6,697 units over the quarter. Dual-sports, street bikes and scooter sales however continue to rise, though the industry still has a ways to go to reach the levels seen before the economic downturn.
|2012 Q1 Figures from the Motorcycle Industry Council|
|Type||2011 Q1||2012 Q1||Change||% Change|