AMD 253 August 2020 American Motorcycle Dealer 253 | Page 16

Sources: AMD, IDN, FT, Reuters, PSB, MPN, B&B, BDN, MCN, AP, Bloomberg, MSNW, Electrek, electricmotorcycles.news NEWS BRIEFS Harley has announced a new round of job cuts with some 140 positions to be cut - 90 production jobs at its York, PA. final assembly plant and around 50 at Tomahawk, Wisconsin (molding and paint). This is not expected to be the last "right sizing" we'll see at Harley this year. Despite new CEO Jochen Zeitz' avowed intention to steer Harley away from trying to teach the world to ride, the company has added two additional new courses to its Rider Academy training menu. The existing course is based on the MSF Basic Rider Course. To appeal to a wider range of customers, Harley will add 1-on- 1 coaching sessions and private group courses with a maximum of four participants. BMW Motorrad has reported global growth of +9.8% for June - its best ever June result - with a total of 20,021 BMW motorcycles sold. Despite understandably weak sales March to May, BMW Motorrad sold 76,707 motorcycles worldwide in the first half of 2020 for a decrease of 'only' -17.7%. Sales of 13,937 units in Europe (+2,684 more than in the same months of the previous year) saw the company post +23.9 % for Europe January to June; with a +58.2% increase in its German home market. The company says it expects to see U.S. sales buoyed by the new R 18 Cruiser. After having hoped to be able to stage a delayed 2020 annual Concorso d'Eleganza Villa d'Este in October this year, BMW has conceded that it will have to cancel entirely for this year, with May 28-31 confirmed for 2021. One of the most upscale and prestigious of the world's summer season of automotive and motorcycle 'beauty pageants', the event for classic and vintage cars was founded in 1929 and takes place near the Villa d'Este hotel in Cernobbio, on the shores of Lake Como in Italy. Spanish Motorcycle Registrations Up in June Having been -94.43% for April (841 units) and -43.68% for May (10,152 units), the latest new motorcycle registration numbers from ANESDOR, the motorcycle industry trade association in Spain, show dramatic signs of improvement. Total new motorcycle registrations in June were up by +13.03% (compared to June 2019) at 21,057 new units and are now running at 'just' -26.31% for the YTD (65,247 units, compared to 88,540 for the same period last year). 90,000 60,000 30,000 Spanish registrations 88,540 -26.31% 65,247 MOTORCYCLE YTD In statistical terms, when it comes to recovery rebounds, it doesn't bounce much higher than this! After being -95.85% in April with just 526 new motorcycles registered in Europe's largest market, and "only" being down by -11.35% in May (11,150 units), the latest new motorcycle registration statistics for June available from ANCMA, the motorcycle industry trade association in Italy (the owner of EICMA), make extraordinarily good reading. June motorcycle registrations in Italy were +54.99% with 16,861 new motorcycles registered, putting the Italian market at a way better than expected total of "only" -23.83% (48,066 units) for the first half year. Italy is an important scooter and moped market, so total PTW registrations (of all displacements and styles) were +37.31% (39,078 units) for June 80,000 60,000 40,000 20,000 Like most of Europe, after a good start to the year in January and February (+11.96% and +19.28% respectively), registrations in Spain fell off a cliff at -46.64%, -94.43% and -43.68% respectively in March, April and May. Total PTW registrations for June were up by +10.08 (22,501 units), having been -43.85% in May at 10,972 units (compared to 19,542 units in May 2019). For the YTD, PTW registrations are -25.37% at 72,599 units. In Spain the best months for new registrations 2019 2020 +13.03% 18,629 21,057 MOTORCYCLE JUNE and are running at -23.04% for the YTD. The top selling motorcycles in Italy YTD have been the BMW R 1250 GS Enduro (1,870 units YTD), followed by the Honda Africa Twin (1,831 units), Benelli TRK 502/502X (1,525 units YTD), Yamaha Tracer 900 (1,331 units) are generally May, June and July, which in 2019 accounted for some 62,000 of the annual total of 194,663 units (+12.17% from 173,545 units in 2018). The Spanish government has confirmed that a system of grants (as opposed to loans) is being made available to the motorcycle industry in Spain by including motorcycles (PTWs of all types) in its RENOVE 2020 plan - providing €5m in aid for the purchase of motorcycles (electric and road legal ICE) with a tax base price of less than € 8,000. Jose Maria Riano, General Secretary of ANESDOR, said that “the inclusion of the motorcycle sector in RENOVE will contribute to recovering the sector after the historic lows. In addition, this boost will provide support to promote more efficient, sustainable and safe vehicles. An important initiative factor considering that the average age of motorcycles in Spain is 16.4 years old." Speaking to the June numbers, "despite the economic crisis, in the scenario of the 'new normal', Spanish citizens are betting on personal light vehicles. The trend existed before COVID-19 and seeing it re-emerge allows us to be moderately optimistic for the future." Italy - June 2020 Motorcycle Registrations +54.99% Italian registrations 63.102 -23.83% 48,066 MOTORCYCLE YTD 10,879 2019 2020 +54.99% 16,861 MOTORCYCLE JUNE and the Honda NC 750 X (1,258 units). For the record, in 2019 the Italian market was again Europe's largest at +6.26% in motorcycle registration terms (98,883 units) and +5.65% in total PTW terms at 231,937 units. 16 AMERICAN MOTORCYCLE DEALER - AUGUST 2020 www.AMDchampionship.com