Bikes sales continue to drop in the first quarter of 2020, following a long lasting and worrying trend, but with some relatively good news hidden in the figures showing offroad bike sales increased by 1.3%. The ATV/SSV segment also had an up-swing of 8%, while road bikes saw a drop of 7.8% and scooter tanked with a 14.1% drop in sales.
Yamaha recorded a 21.1 per cent share of the national market and as such stands as the current market leader, followed by Honda with 20.% and in third place, Kawasaki with 11.3%.
Tony Weber, chief executive of the FCAI said of the early numbers;
“The first three months of 2020 have seen many issues unfolding in the Australian market, with floods, drought, bushfires, and more recently the Coronavirus pandemic.
“The market has been remarkably resilient given the circumstances,” Mr Weber said.
Overall, 17,977 motorcycles, ATVs and scooters were sold during the first three months of 2020, compared with 18,438 for the same period in 2019.