Chinese Motorcycles Market has changed mood since July 2019 and after a long decline is growing an impressive 20% with Year to Date October at 13.8 million sales, up 6.6% The e-scooter segment is booming but also vehicles with traditional combustion are fast growing.
Taiwan Motorcycles Market started the 2019 in slow tone, but then surging demand pushed sales up and the year is running up quite well, taking huge benefit from the fast growth of electric scooter segment, driven by Gogoro success, but also with the launch of several new models from any manufacturer.
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.
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.
South Korea Motorcycles Industry moderately lost in the 2018, keeping the negative trend for the third year in a row and ranking only as 31st in the global ranking. Local brands hold a near 70% of market share while Honda is gaining terrain and BMW is the best brand among premium.