Are motorcycle sales declining?

Retail sales in the United States – the company’s biggest market – fell for the 16th straight quarter, resulting in an 8 percentage-point decline in big-motorcycle market share. The decline comes at a time when motorcycle sales have gone up on the back of a demand for socially distanced recreational outdoor activity.

Are motorcycles still popular?

California records the highest sales On-highway motorcycles represented over 64 percent of sales two years earlier, in 2019. That same year, most motorcycle fans resided in California, where over 808,300 motorcycles are registered.

Do Millennials ride motorcycles?

Bernstein found millennials were 30-40\% less interested in motorcycles than the previous generation. What’s interesting about the study is, although it suggests millennials aren’t as interested in motorcycles as previous generations, it’s not simply because “millennials don’t like bikes”.

Do Millennials buy motorcycles?

Millennials may be a bunch of fussy, entitled brats, but at least we’re buying a lot of motorcycles. According to a study by CDK Global Lightspeed reported in Powersports Business, Millennials purchased 43\% of all off-road motorcycles over the course of the last year.

Is it a good time to buy a motorcycle?

The best time of the year to buy a motorcycle is during winter. It doesn’t need to be cold out to get a good deal on a motorcycle. In June, dealers are finishing up the financial year. In order to boost sales, sellers may begin to promote discounted prices.

Why do people ride smaller motorcycles?

Some people like smaller bikes because they physically just fit them better, while others go smaller as they age. None of us are getting any younger. Chuck Stottlemeyer has owned more than 20 motorcycles but these days he most often rides his smaller Moto Guzzis, such as this 650 Lario.

Why are motorcycles not popular in the US?

Motorcycles are popular in the US, but as a recreational vehicle, not for utility or transporting people. Due to average speeds and traffic in the US, motorcycling on the street dangerous. – It is discouraged by loving family members. Fathers with small children are encouraged to sell their bikes.

Does the motorcycle industry have an aging population?

Chuck isn’t the only one who has noticed the aging demographics in the motorcycle industry. Most people talk about new riders and young riders when discussing the increasing number of small motorcycles the manufacturers are offering in this country today, but it may not be just young people who are interested.

Do bigger bikes make for better riders?

The bigger the bike, the more it takes to ride it. Some riders talked about how it was just easier to hop on a Vespa for a short ride than to gear up and pull out the sport bike. Taking that further, I think the bigger and fancier the bike the more it can isolate you from the experience.