Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Quad bike sales continue to grow, road bikes sales stay same

11 January 2013

Quad bike sales continue to grow while road bikes sales stay the same

Figures just released by the Motor Industry Association (MIA) show that quad bike sales for 2012 were up nearly 13% from last year.

“Quad sales remain strong in the agricultural industry”, said Mr Clive Hellyar, Manager of the Motor Cycle Division of the Motor Industry Association. “It is interesting to note that there has been a shift towards side by side products in this sales sector with a total of 1075 of these units being sold out of the total 7403 quad units sold in 2012.”

In commenting on the increase in sales of quads he noted that the MIA was working with government officials and others in the industry to ensure that good safety practice was maintained by those operating these vehicles. “The number of serious injuries and fatalities recently reported in the media are a sad reminder that some individuals are not complying with the basic safety rules such as helmet wearing and not carrying passengers and in particular children” he said.

Total new over 50 cc motorcycles road registrations for 2012 were 3998 compared with 3936 for 2011, a small increase of 1.6%. Registrations of scooters with an engine rating of less than 50 cc were well down on 2011 with a 27.6% drop in sales. “This reduction is difficult to explain given the popularity of these vehicles in the commuter market but they are products which do show cyclical sales patterns and perhaps 2012 was one of those periods where sales have slowed.”

Off road recreational bike sales were also down by nearly 10% which is probably due to difficult economic conditions which do have an effect on the recreational market.

The top three in road bike sales were Suzuki, Harley Davidson and Triumph.

A copy of the statistical tables including market share information is attached.

ENDS

2012__Dec_Motorcycle_sales_table.xlsx

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: MRP Senior Managers In Line For $1.2M In Bonus Shares

Senior executives of newly listed, state-controlled MightyRiverPower are in line for shares in lieu of cash bonuses worth $1.2 million for the year to June 30, one of the company’s first disclosures to the NZX and ASX as a listed company show. More>>

ALSO:

Scoop Business: NZ Houses Overvalued By 25%, IMF Says

New Zealand housing is already overvalued by about 25 percent and if it continues to rise may force the Reserve Bank to hike interest rates, according to the International Monetary Fund. More>>

ALSO:

Odometer Moments: CO2 Hits 400ppm

As the amount of heat-trapping carbon dioxide in the atmosphere hit the symbolic milestone of 400 parts per million (ppm), youth climate change organisation Generation Zero says it is time for New Zealand to rise to the challenge of building a zero carbon future. More>>

Trust Planned: Shared Vision For Mackenzie Basin Welcomed

Conservation Minister Dr Nick Smith and Environment Minister Amy Adams today welcomed a report proposing a way to manage the contentious land intensification, water, landscape, and biodiversity issues in the Mackenzie Basin. More>>

ALSO:

Scoop Business: Fidelity Acquires Most Of Tower’s Life Business For Net $70M

Fidelity Life Assurance has acquired most of Towers life insurance business for a net amount of about $70 million, propelling the closely held company to the third-largest in the market. More>>

ALSO:

The Friendly Skies: Air NZ Pressures Regulator To Drop ‘Untenable’ Cartel Case

Air New Zealand, the national carrier slated for a partial sell-down by the government, has ramped up pressure on the Commerce Commission to drop its long-running pursuit of the airline’s alleged involvement in a global cartel on air cargo surcharges. More>>

ALSO:

Scoop Business: NZ Jobless Rate Falls To 6.2% On Record Employment Jump

New Zealand’s jobless rate fell to a three-year low in the first three month of the year as the employment rate grew for the first time in four quarters, fuelled by demand for workers in Canterbury. More>>

ALSO:

New SOP: No Patents For Computer Software

“Following consultation with the NZ software and IT sector, I am pleased to be further progressing the Patents Bill with this SOP. These changes ensure the Bill is consistent with the intention of the Commerce Select Committee recommendation that computer programs should not be patentable,” says Mr Foss. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news