Two largest motorcycle market (India and China )fall had an ill effect on the World Motorcycle Market sales and it has gone down by 5% in the first quarter of 2019.However there is growth of 23% in the European market and 15% in Indonesian market. so that made ASEAN region grew by 5.9% at 34 million.
However trend shows Thailand and Vietnam markets are going down.
As far as Latin America is concerned Brazilian market saw a +15% growth and 15.9% grown in Colombia.The Q1 saw loss in Argentina and Ecuador market.
Europe saw some tremendous boost in the markets like Poland (+87.3%) followed by Romania (+86.9%), Hungary (+72%), Lithuania (+71%), Slovakia (+54%).The entire market saw +23.6% growth. France reported 66.516 sales (+31.8%), Italy 60.545(+17%), Spain 43.099 (+19.1%),Germany 50.006 (+22.1%) and even the UK was up 10% despite fears for BREXIT.
US Market started to lose the momentum as Canadian market goes down by 5.2% and regional sales down by 3.0%
Source : Data
