European Motorcycles Market in the 2019 seems to have lost steam after a fast start. Indeed May sales were positive by a mere 1% with crucial markets, like Italy losing Y.o.Y.. The annual gain is still +11.9% but the summer risk to not be positive. Sales figures are collected through local Ministers of Transportations and covers 37 markets, including Turkey and Russia.
Latin America motorcycles market in the first quarter 2019 felt down 4.9% hit by the sharp fall reported by Argentina and Ecuador and by the slow speed of Mexico. The largest market is Brazil, which counts 28% of the total and is growing in double-digit.
World Motorcycles market has lost over 5% in the first quarter 2019, mainly due to the simultaneous fall of the two largest markets, India and China. The best region was the European, boomed a dramatic 23%, while ASEAN grew as well, thanks to Indonesia +15%. Latin America is losing despite the positive trend of the Brazilian market.
ASEAN motorcycles industry ends the 2018 with a new record volume, first time above the 14 million units and is actually representing the 31% of the Global Motorcycles Market. In the region there are four out of the top 6 markets in the World.