European Electric Scooter and Motorcycles Market grew up 47.9% year to date August 2019 following the already astonishing +100% reported in the previous year. Despite the number of manufacturers grew up at the record of 265, the market is already well concentrated with only one European brand in the podium. Germany is the largest market
Vietnam Motorcycles Market kept losing in August 2019 with year to date figures down 5% from the corresponded period last year. While on top of the list Honda is stable all others top player have lost, with Yamaha down an impressive 24.7%. The new electric vehicles local producer, VinFast, was very well welcomed by the market.
Colombian Motorcycles industry kept the speed in August 2019 with sales up 3.5% following a quite strong July (+17.5%) and confirms the place as second largest market in South America. Bajaj Auto is market leader ahead of the Japanese while Victory is the fastest growing brand of the year.
Brazilian Motorcycles Market continue to fly in the 2019, with August sales up in double-digit again and the entire year projected at 1.1 million units. Despite the already huge market share, Honda keeps gaining terrain over all competitors, while Suzuki is fast growing and Ducati is finally positive.
Japanese Motorcycles Market is recovering after a shy start of the year and sales year to date August were up 0.7%. All Japanese brands are almost stable compared with the previous year while Husqvarna, recently landed in the country, is the fastest growing brand. Ducati and Harley-Davidson are losing.
Thailand Motorcycles Market in the 2019 is moderately declining with year to date August sales at 1.19 million units, down 2.7%. The market leader, Honda is in line with the industry while Piaggio is up 25% and Harley Davidson is doubling volumes. Others premium brands struggle, and following the last year record BMW lost 15%, while Ducati is -40.7% and KTM -68.4%
Taiwan Motorcycles Market in July was reported up 2% partially reducing the year to date lost. While Kymco, PGO and Yamaha are losing, SYM shines with sales up 16%. Sustained by a robust government incentive scheme, electric scooter segment is booming and Gogoro already sold 50.000 units.
SYM motorcycles boosted global sales during the first half 2019 with a record of 215.000 units, up over 10% from the correspondent period last year. Sales are driven up by European operations as well as domestic Taiwanese market, while the second largest market, Vietnam kept losing sales and market share.
Gogoro launched in Taoyuan (Taiwan) the first GoShare project, an innovative mobility system providing to consumers swappable batteries, a smartphone app, reservations and facial recognition technology. The 2 million people city will be the test before global project launch. Meantime, sales keep boosting and the 200k record is foreseen for the 2019.
European Motorcycles Market in July 2019 increased 13% following a shy Q2 consolidating a year to date improvement in double-digit and projecting the entire year at 1.75 million units. Honda is the leader, while BMW and SYM are shining. Ducati is flat, while Harley-Davidson is among the worst.
ASEAN Motorcycles Industry in the first half 2019 reported a moderate lost breaking the recent years growth. While Singapore and Malaysia are growing at impressive speed, Philippines and Indonesia are positive, but both Thailand and Vietnam are losing terrain. Data on Cambodia, Laos, Myanmar and Brunei are only partially available.
Philippines Motorcycles Market in the first half 2019 was again positive, despite a slow start of the year and the sales figures are improving 8%, projecting the year at 1.7 million units, new record, despite the effect of the recent introduction of new emission standards. While Honda is market leader, KTM and BMW are fast growing.
Malaysia Motorcycles Industry kept fast growing and in the first half 2019 has been one of the most dynamic worldwide with sales accelerated by 20%. While several brands are on sales, over 65% of the market is concentrated in the hands of Yamaha and Honda. Malaysia ranks as 13th largest market in the World Ranking.
Indonesian Motorcycles market was reported in very good shape during the first half 2019 reporting sales up 7%. The market benefit from the +7% reported for the market leader Honda, while the key competitor, Yamaha, is growing faster. The new e-scooter local brand, starts selling 1.000 units per month.
Australian Motorcycles Market reported a deep 11% lost in the first half 2019 projecting the worst year in the last three decades. The already negative trend was enhanced by the weakest GDP growth in almost a decade and all motorcycles brands felt down. Harley-Davidson surprised with an outstanding performance.
Benelli Motorcycles keeps growing in the 2019 with first half figures improved 8.9% and projecting volume close the 50.000 units by year-end. European operations reported impressive growth and now Italy is the most important market, ahead of USA and Argentina.
Egyptian Motorcycles industry felt down 33% in the first half 2019 due to the collapse (from April) of the tuk tuk segment, hit by the introduction of a new regulations. The motorcycles segment has been moderately positive with Bajaj as market leader ahead of Honda.
TVS Motor global sales in the first half 2019 has been moderately positive, with 1.47 million sales, thanks to the moderately positive domestic performance which counteract the negative figures from the international business, hit by market fall in key countries, like Turkey and Sri Lanka.
Hero Motors reported in first half 2019 the first double-digit lost since 2011 divorce with Honda, hit not only by the lost in the domestic market, but even by sharply negative scores in export markets, like Ecuador, Sri Lanka and Argentina. The World’s second largest motorcycles company is facing the first difficulties after a long growth reported in the last years.
Royal Enfield has lost 16.4% of sales in the first half 2019 following a score of 6 consecutive all time record. Sales are fast growing in all regions, but in India, which dragged down the global performance. In Europe sales are booming in all countries and UK become the second market worldwide.
Bajaj Auto kept growing in the first half 2019, despite the domestic market fall. Growing 6.7% the company scored the record volume, growing in India and in Europe, counteracting the negative trend, due to the fall of local demand, in Latam and in Africa.