July L-Category (Scooters, Motorcycles & other light vehicles) Registration Statistics
MCIA has today published the market data for July 2024, for new scooter, motorcycle and other L-Category vehicles.
Market volumes for the month of July closed at -7.3% down versus July 2023, which has resulted in a year-to-date trend of -1.6% compared to 2023.
Whilst we are seeing some strong results from a number of style categories (Modern Classic +17%, Road Sport +13.3%, Adventure +7.0%) and a great market performance from the 126-500cc segment (+23.4%), the market has been a tough challenge for July.
Tony Campbell, CEO of MCIA, said: “Despite the new Government, I remain unconvinced that its initial policies will boost consumer confidence. While we acknowledge the significant challenges the Government faces, we call on the Transport, Business, and Treasury ministerial teams to prioritise creating a stable market environment. Industry urgently requires considered policies that provide security and confidence.
MCIA is working hard to build positive relations with the new Government. Although it is still early days, it is crucial the Government capitalises on the strong foundation laid by the previous administration and begins addressing the pressing needs of our industry.
MCIA’s Manifesto for a Thriving and Sustainable Powered Light Vehicle Sector aims to position Britain as the global leader in powered light mobility. Properly implemented, our Manifesto would not only secure the sector’s 58,000 jobs, but also restore Britain’s status as the home of motorcycle manufacturing and modernise vehicle regulations to drive innovation. The time to act is now, and we remain committed to working with the new Government to realise the full potential of our sector."
More details on the July registration figures can be found here.
Please credit MCIA when quoting this information.