MOTORCYCLE MARKET COMMENT – 3rd Quarter 2023

As we look towards the end of calendar year 2023, it appears to be a foregone conclusion that the motorcycle market is going to experience a contraction. Based on YTD September 2023 sales a forecast of slightly more than 30 000 new units is likely for the full year. This will be a decrease of 4.9% on comparative 2022.   …

MOTORCYCLE MARKET COMMENT – Year ended December 2022.

During the latter part of 2022, we estimated that total sales in respect of calendar year 2022 could exceed 30 000 new units. It was a pleasant surprise that the market ended up on 31 374 new units for the year under review. This represents an increase of 18.4% on comparative 2021, which in turn was up 28% on 2020. The market …

MOTORCYCLE MARKET COMMENT – Year ended December 2021

At the start of 2021 there was a great deal of uncertainty with regards to what the pandemic would do and how it would affect the motorcycle market. As the year progressed, there were clear signs that we were back on track in most segments of the market. It is therefore gratifying to announce that the new motorcycle market grew …

Market comment October 2021

MOTORCYCLE MARKET COMMENT – YTD October 2021   The “hard lock down” and closure of the NaTIS system in April and May 2020 and a significant catch up of sales and registrations during June and July 2020 made it difficult to draw meaningful comparisons with the comparative trading periods of 2020 versus 2021. At YTD October 2021 we have a …

MOTORCYCLE HOMOLOGATION AND WHAT DOES IT MEAN

What is Homologation? – It is the process by which a motor vehicle (which includes passenger cars, motorcycles, busses, trucks etc.) is evaluated against a set of standards and if found to comply will then be approved for use on public roads. Why do we have it? – Following on the democratic elections held in 1994, South Africa was re-admitted …

Motorcycle Helmet Import Duty Reduces to Zero

Motorcycle helmets (a major piece of safety equipment for motorcycle riders) have been allocated a new import tariff code, by the passing of a recently published Government Gazette (No. 44546 of 7 May 2021). A process that was started by AMID almost exactly four years ago, has led to the Department of Trade, Industry and Competition reducing import duties for …

Motorcycle Market Comment 1st Quarter 2021

Early in 2020, forecast and predictions for the 2020 calendar year was gloomy with regards to motorcycle sales. Some leisure segments did do badly, but overall the year ended 1% down on 2019, largely as a result of booming commercial motorcycle sales. The 1st Quarter of 2021 2020 saw the year ending on 20 644 new units being retailed compared to …

Motorcycle Market Comment 2020

Following the devastating effect that COVID-19 had on the South African economy during 2020, it would have been reasonable to expect the Motorcycle Industry to suffer along with everybody else. In some respects it did, but the pandemic had the unexpected consequence of accelerating the ever increasing commercial delivery business to the extent that the new motorcycle market declined by …

IT IS TIME FOR SOUTH AFRICA TO EMBRACE MOTORCYCLES AS A MODE OF TRANSPORT

The Covid-19 pandemic has had a devastating effect on the South African economy across virtually every sector, and the impact of this will be felt for years to come. Websites associated with vehicle sales are now reporting a significant increase in numbers of consumers searching for lower priced vehicles, indicating, amongst other things, that consumers are looking at ways of …