Two-wheeler Sales in Italy Drop 20.7% in 1Q
April 20, 2005
Filed under Uncategorized
Registrations of two-wheelers in Italy during the first three months of 2005 have dropped sharply compared to the year-ago period, according to Associazione Nazionale Ciclo Motociclo Accessori (ANCMA), the country's bicycle, motorcycle and accessories association.
ANCMA says sales of motorcycles and scooters for the first quarter of 2005 totaled 107,727 units and represented a drop of 20.7% compared to the 135,810 units sold during the same period of 2004. Manufacturers moved 26,927 motorcycles and scooters in January; February sales were 29,522 units; and March sales accounted for 51,278 units.
Still a great concern to the Italian market is a drop in demand for 50cc vehicles. ANCMA says 50cc sales for the first three months of the year totaled 25,453 units, down from 41,315 units in the first quarter of 2004. Sales of 50cc units in January were down 25.3% compared to sales in January 2004; February sales dropped 36.7%; and March sales sunk an incredible 43.6%.