IRVINE, Calif.
— The hard hit economy affected U.S. sales of new motorcycles in the first quarter of 2009, according to the
Motorcycle Industry Council. Sales were down a total of 30.5 percent, compared
to the same period last year, among 12 of the leading brands.
Generally affordable, fuel-efficient dual-purpose
motorcycles declined the least, by 24 percent. Sales in the off-highway market
declined the most, by 39.7 percent, some of which is linked to the government’s
ban on youth models due to a new law regarding lead content in consumer
products.
“There are still many customers wanting new motorcycles,
both veteran riders and those wanting to join in the fun and gain the
benefits,” said Tim Buche, president of the Motorcycle Industry Council. “But,
in reaction to the economy, there have been some production cuts. And the lead
ban turned many parents away from buying new dirt bikes for their kids."
“There’s a need for wholesale financing to help keep
dealerships supplied with inventory, and a need for consumer credit to loosen
up so that dealerships can get those new bikes out on the roads and on the
trails. It’s very hard to get retail financing now, even if you have good
credit,” he added.
The early year sales decline follows a relatively flat year
for motorcycles. The MIC’s preliminary estimate for all motorcycles and
scooters sold nationwide in 2008 is 1,087,000, down just 3.3 percent compared
to 2007. Sales still topped the one-million mark, and did so for the sixth
straight year. That beat the longest run of million-plus sales ever recorded by
the MIC, during the five years from 1970 to 1974.
Scooter sales last year reached their highest annual level
ever, currently estimated at 222,000. Among the major brands, scooter sales
through the first quarter of 2009 were down 36.7 percent compared to the first
three months of 2008. Sales in the on-highway market declined by 27.3 percent.