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

 

Housing: Affordability Drops 14%, Driven By Auckland Prices

Housing affordability across New Zealand fell 14 percent in the year ending November 2014, with Auckland’s lack of affordability set to reach levels it hit during the height of the global financial crisis, according to the latest Massey University Home Affordability Report More>>

ALSO:

The Dry: Fonterra Drops Forecast Milk Volumes By 3.3 Percent

Fonterra Cooperative Group, the worlds largest dairy exporter, reduced its milk volume forecast for the 2014-2015 season by 3.3 per cent due to the impact of dry weather on production in recent weeks. More>>

ALSO:

Strike: Lyttelton Port Workers Vote To Escalate Dispute

Members of the Rail and Maritime Transport Union (RMTU) at Lyttelton Port today voted to escalate their industrial action. Around 200 RMTU members have been operating an overtime ban since 17 December and today they endorsed a series of full withdrawals of labour at the port. More>>

ALSO:

Scoop Business: NZ Dollar Falls To 3-Year Low As Investors Favour Greenback

The New Zealand dollar fell to its lowest in more than three years as investors sold euro and bought US dollars, weakening other currencies against the greenback. More>>

ALSO:

Scoop Business: NZ Govt Operating Deficit Smaller Than Expected

The New Zealand’s government’s operating deficit was smaller than expected in the first five months of the financial year as a clampdown on expenditure managed to offset a shortfall in the tax-take from last month’s forecast. More>>

ALSO:

0.8 Percent Annually:
NZ Inflation Falls Below RBNZ's Target

New Zealand's annual pace of inflation slowed to below the Reserve Bank's target band in the final three months of the year, giving governor Graeme Wheeler more room to keep the benchmark interest rate lower for longer.More>>

ALSO:

Get More From Scoop

 
 
Standards New Zealand

Standards New Zealand
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news