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Old 10-24-2005, 08:54 AM   #1 (permalink)
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Motorcycle, scooter sales on track for another record year
Motorcycle and scooter sales jumped even higher this summer sales season than during a strong 2004, further demonstrating America's growing passion for two-wheeling, according to the Motorcycle Industry Council.

Among 12 of the leading brands, sales of on-highway models for the third quarter of the year are up 16 percent compared to the same period in 2004. From July through September, scooter sales among these brands climbed 65 percent.

Sales are on track to eclipse the one-million mark for the third straight year, again reaching levels last seen three decades ago. At a time when gasoline prices are hovering near $3 per gallon nationwide, motorcycle sales are ready to go up for the 13th consecutive year.

"Motorcycle sales have been on the rise for more than a decade, through economic times both high and low," said Tim Buche, president of the Motorcycle Industry Council. "While there's no study or survey that directly correlates increased fuel prices with the popularity of two-wheelers, we do know that dealerships, motorcyclists and scooterists are fielding more questions from other motorists about what kind of mileage they're getting. There are a lot of great reasons to ride and better fuel economy only adds to the positives. "

The MIC recognizes 1973 as the high point for annual motorcycle sales, when Americans purchased more than 1.5 million bikes. Sales in 1979 topped the one-million mark, but tapered during the 1980s and early 1990s. Motorcycling rebounded in 1993 and the numbers have grown every year since then.

U.S. New Unit Motorcycle Sales

1992
278,000

1993
293,000

1994
306,000

1995
309,000

1996
330,000

1997
356,000

1998
432,000

1999
546,000

2000
710,000

2001
850,000

2002
936,000

2003
1,001,000

2004
1,063,000

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Old 10-24-2005, 08:56 AM   #2 (permalink)
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I hope this means the used bike market will have sweeter deals than usual. I love it when a person buys a bike, 6months to 2 years later sales the bike with 2k on the odometer for 1/2 of what they purchased it for!

My two cents
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Old 10-24-2005, 10:58 AM   #3 (permalink)
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You can thank a good economy in conjunction with an aging population compounded by slick marketing (Harley Davidson) for the increase. Now that the economy has cooled off and gas is up there is one more justification for buying scooters and bikes. They are still a toy for most people but I sure see a lot more scooters being driven by people using them for daily errands. Most bikes I think are weekend toys. My experience yesterday was at 42 degrees I didn't see one other bike out there. Saw several scooters however.
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