Monday, July 27, 2009

Bike sales slip 14 per cent


There’s been a fall in overall motorcycle sales for the first half of the year according to figures released today by the Federal Chamber of Automotive Industries (FCAI).

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The tally shows a total of 55,500 motorcycles, scooters and all-terrain vehicles (ATVs) were sold in the six months to the end of June – a 14 per cent decline compared to the same period in 2008.

“This result reflects the impact of broader economic conditions,” FCAI Chief Executive Andrew McKellar said. “Motorcycle sales are now at the level we would expect them to be and are broadly consistent with the trends in new car sales.”

ATVs are maintaining sales in line with the record 2008 results with 9,722 units sold – down just 0.1 per cent on last year.

“This indicates the value the rural sector, in particular, places on these vehicles despite tough economic conditions,” Mr McKellar continued. “It appears the Federal Government’s business tax break is helping to maintain sales in this segment.”

Road-bikes were the most popular segment in the marketplace recording 20,763 sales (13.4 per cent decrease) closely followed by the off-road segment’s 19,423 sales (15.3 per cent decrease).

Scooter sales fell 29.3 per cent in the first half of the year, recording 5,592 sales compared to the record 2008 result.

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