International Dealer News 156 August/September 202 IDN 156 Aug/Sept 2020

COMMENT: Yes - but is it sustainable? ..........................................................................................................Page 4 Italy - June 2020 motorcycle registrations +54.99% ....................................................................................................Page 7 ifz Safety Conference moves online .......................................................................................................................................Page 16 BMW sees 12% global growth in June................................................................................................................................................Page 48 KTM owner climbing every mountain in market defying drive for sustainable growth AUG/SEPT ’20 ISSUE #156 STATZONE 6-7 RST AIRBAGS ➠ KTM, Husqvarna and GASGAS owner PIERER Mobility AG has reported encouraging results for the first half year of 2020, especially in the context of the Covid lockdown. Sales of motorcycles and e-bikes were 124,682 units (compared to 135,711 in the first six months of 2019) and the company is reporting early completion of its 100% takeover of Girona, Spain based GASGAS, an increase in production capacity at its Austria headquarters and staff growth with 170 employees added as it experiences a "boom in global twowheeler demand". Over 70,171 KTM, Husqvarna and GASGAS motorcycles were sold, with 34,351 Husqvarna and R Raymon branded e-bikes sold. "This corresponds to an increase of +1.3% compared to the previous year. In addition, our Indian partner Bajaj sold 20,160 motorcycles (previous year: 32,539) under the KTM and Husqvarna brands in its markets hard hit by Corona in the first six months." Due to the Corona-related two-month interruption of production, PIERER Mobility AG says it expects sales of €600m (first half 2019: €754.9m), but still made money in the first six months of 2020 despite the decline in sales revenue (EBIT was € 1.7m, compared to €46.6m in the first half of 2019). "After the two-month lockdown, the two-wheeler trade experienced a boom due to an apparent change in mobility behaviour - this was reflected in the double-digit growth rates in registrations in both the motorcycle and e-bicycle sectors. "The motorcycle market developed surprisingly strongly, particularly in North America (+20%) and Australia (+39%). Globally, our motorcycle registrations rose by around +4 percent in the first half of the year, despite the Corona lockdown - with the KTM and Husqvarna brands able to achieve high market share gains. "In order to be able to cover the increasing demand for two-wheelers and the necessary increase in production capacity, 170 additional employees have been hired for the Austrian facilities since the beginning of June 2020. Our worldwide headcount is now more than 4,400 employees." The PIERER Mobility Group has now acquired 100% of the shares in global trials market leader GASGAS Motorcycles GmbH, ahead of time, positioning GASGAS as the third Group brand in the off-road motorcycle sector for ambitious CEO Stefan Pierer. The brand fit for the Continues on page 8 >>> PIAGGIO -26.5% YTD YAMAHA -6.8% Q1 NEws ROOM 6-22, 48 TRADEZONE 45 INDEX 46