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.
Guatemala Motorcycles Market continue to grow year after year and is the second largest in Central America after Mexico. The positive economic environment and the arrival of several new players have boosted the market in recent years up the 2018 24th position at global level.
Argentine Motorcycles Market is collapsing hit by the economic and financial crisis and in the first half 2019 have lost 49% of volume, being the worst market globally. Honda has consolidated the leadership while Zanella dropped in third place, overtaken by Motomel. The italian Benelli is leader among the premium brands.
Peruvian Motorcycles Market is moderately declining in the 2019 hit by the negative economic environment. In the first half, sales have been 144.598, down 6.6% from the correspondent period last year. Behind the leader, Honda, the local brand Wanxim (based on CKD models from China) took the second place overtaking the Indian Bajaj Auto.
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.
Paraguay Motorcycles Market is the 29th largest in the World, despite in the 2018 was far from the over 200k record reported in the 2011. Last year sales felt 7% due to the not favorable economic environment. Over 95% of models sold are locally produced and the market is concentrated in local brands hands.
Ecuador Motorcycles Market in deep fall during the first quarter 2019, following the outstanding performance scored in recent years. Hit by a deceleration in the domestic demand and cloudy economy, the market ended the quarter with 28.980 sales, down 30.9%. The market leader is the Chinese Shineray with 17.4% of market share, followed by Suzuki.
United States Motorcycles Market has lost 3% in the 2018, with volumes back at 2012 level. However inside the market a revolution is in a place and Americans will be shocked to see in 2-3 years that Harley will not even be the market leader. In addition Harley Davidson is one of the most damaged American company by the “American First” protectionist strategy