March L-Category (Scooters, Motorcycles & other light 3 and 4-wheel vehicles) Registration Statistics
MCIA has today published the market data for March 2024, for new motorcycle, scooter, and other L-Category vehicles. March registrations depict a strong performance despite a slight -3.7% year-on-year decline, with overall year to date registrations differing only marginally from the previous year by -0.2%.
Market volumes of Adventure and Road Sport styles are both maintaining a strong position, year to date exceeding 2023 by +10.3% and +18.8% respectively. Electric powertrains have also seen positive increase across the ≤ 4 kW and >35 kW bandings with increases of +32.5% and +114.3% respectively.
Tony Campbell, CEO of MCIA, said: "We're encouraged by the overall strength of the market at the close of Q1, where we've seen a positive start to the year and expect continued momentum as we enter the peak months of the market. Whilst we continue to experience high interest rates, we are pleased to see a fall in inflation where our market and products continue to be robust and in high demand”.
More details on the March registration figures can be found here.
Please credit MCIA when quoting this information.