News : World motorcycle market sees steep slide of 5%

 News : World motorcycle market sees steep slide of 5%

Two largest motorcycle market (India and China )fall had an ill effect on the World Motorcycle Market sales and it has gone down by 5% in the first quarter of 2019.However there is growth of 23% in the European market and 15% in Indonesian market. so that made ASEAN region grew by 5.9% at 34 million.

However trend shows Thailand and Vietnam markets are going down.

As far as Latin America is concerned Brazilian market saw a +15% growth and 15.9% grown in Colombia.The Q1 saw loss in Argentina and Ecuador market.

Europe saw some tremendous boost in the markets like Poland (+87.3%) followed by Romania (+86.9%), Hungary (+72%), Lithuania (+71%), Slovakia (+54%).The entire market saw +23.6% growth. France reported 66.516 sales (+31.8%), Italy 60.545(+17%), Spain 43.099 (+19.1%),Germany 50.006 (+22.1%) and even the UK was up 10% despite fears for BREXIT.

US Market started to lose the momentum as Canadian market goes down by 5.2% and regional sales down by 3.0%


Source : Data

 

 

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Akash Dolas

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