Top Sites (Tridion)

IHS Customer Logins new (Tridion)

Lorem ipsum dolor sit amet, consectetuer adipiscing elit. Nam cursus. Morbi ut mi. Nullam enim leo, egestas id, condimentum at, laoreet mattis, massa new. (Tridion)

Correction - When the Car Market Dipped - Motorcycle Demand Fell and Stayed Down




First, I want to acknowledge the fact that my previous blog titled, "When the Car Market Dipped - Motorcycle Demand Soared and Remained High" was totally incorrect regarding the motorcycle trend. As a blogger with privileged access to the best automotive industry data available, I pride myself on staying objective and reporting the facts. To rectify this situation, I have re-written the blog correctly as follows: Between 2007 and 2009 when the car and light truck market plummeted, the motorcycle industry was hit with an upper-cut punch and knocked out cold. While car and light truck sales dropped nearly 34% during this period, the "street legal" motorcycle industry (cruisers, touring bikes, crotch rockets or high performance sport bikes, customized street bikes and racers) dropped approximately 48%. 

Automotive and Motorcycle Trend

On a more positive note, the period between 2009 and 2010 signaled a comeback for the car and light truck market on a number of fronts including: 8% market growth for personal registrations (not including fleet and commercial), numerous profitable OEMs, an abundance of new eye-catching vehicles and more recently, the announcement of bonus payments to both blue and white collar employees. What 2010 also demonstrated is the fact that a positive gain for automotive doesn't imply an improvement in the motorcycle markets. Following the "eye-popping" 48% decline between 2007 and 2009, the "street legal" motorcycle market experienced an additional 18% drop between 2009 and 2010.  As I was writing this corrected blog and thinking about the two consecutive drops the motorcycle market has experienced, for some reason Cedar Point's "Top Thrill Dragster" kept coming to mind. Maybe it's the similarities of the fast take-off and a large yell of "AHHHHHHH" only to be followed by a huge drop and another "AHHHHHHHHHH!"

TableSo, which motorcycle brands with greater than 1,000 units sold in 2009 were negatively impacted the most in 2010? Based on the table below, the following four brands: Buell, Suzuki, Yamaha and Aprilia experienced 2009 to 2010 average volume decreases of 42% with Buel volumes dropping 64%.

The two positives I could find for brands with more than 1,000 units sold in 2009 were as follows:

--Victory was the only brand to sell more units in 2010 than 2009 - up 18% Yr. over Yr.
-- Harley-Davidson is only 1.2 PPT away from claiming "every other new bike sold in the U.S. is a Harley"

I want to apologize to my readers for the initial incorrect information provided and any confusion this may have caused in the market. The facts are provided above. I look forward to hearing your thoughts and comments on the blog.

Posted by Marc Bland, Product Strategist and Multicultural Marketing Lead, Polk (04.15.2011)

About The Author

Marc 'Bland' is a walking-contradiction of his name since he is indeed a lively and interesting individual. He has a sixth sense when it comes to seeing opportunities where others cannot and making things happen. Marc currently serves as Polk's Head of Diversity & Inclusion. He enjoys the people he works with both inside and outside of the company. When he's not being passionate about his customers' needs, he enjoys fishing, classic cars and home improvement projects. Marc's inspiration in life has been his own hard-working parents as well as his wife and four children – three girls and one boy. Another addition to his family is a 5 lb., 18 inch African Bullfrog named "Puff Daddy" that he enjoys feeding. Someday Marc would love to promote national jazz concerts and fix and flip homes.

During his 10+ years at Polk, Marc has worked in several capacities as a Systems Engineer in the Information Technology group, a Project Manager in Product Development/Quality, a Solutions Consultant in Sales, Manager of the Analytical Solutions team and most recently in a dual role of Product Strategist and Multicultural Marketing Lead. Marc's broad knowledge across the Polk organization, combined with his brief but exciting international automotive assignments in Brazil, Japan, Mexico, Thailand and Singapore, have provided him with invaluable insight and perspective on all things automotive. He lives by the motto, "Learn, Apply & Share" and enjoys contributing to Polk's blog.


Comments

Name: Jeffrey Hanna
Time: Monday, April 11, 2011

I liked your blog on the MC industry. If we could only somehow raise awareness to discourage drivers from texting or making phone calls and to be more aware of the motorcycles it would benefit everyone!!

I cannot tell you how many young people I see texting and swerving just to stay in a lane.

For me, I remember the accident I had and it was a devastating experience. Who knows, maybe one day you will persuade me to get back out there.

I am happy that MC Industry has picked up. Now it’s time for local politicians to raise awareness for those people in “tanks” out on the road.


Name: Marc Bland
Time: Wednesday, April 13, 2011

Jeff - thanks for reading and commenting on the blog. As a rider, safety is always my 1st priority followed by enjoying what I term as "The Ultimate Convertible" which is enjoying the wind all over while riding my cycle. I have seen recent changes that should help raise awareness including: No Texting while driving laws and the restrictions on young drivers that don't allow them to have more than 1 non-family member passenger in the vehicle after 10PM. Take care and I look forward to future comments on the blog.


Name: Billy Jones
Time: Friday, April 15, 2011

Marc,
I find your trends to be interesting-- especially your comments about Big Dog Motorcycles being that the dog has died.


Name: Marc Bland
Time: Saturday, April 16, 2011

Jeff - Thanks for viewing the blog and posting your comment.
Recycle Bill - Thank you for for highlighting the "Big Dog" oversight which lead to the correction above. I welcome additional comments from both of you and others. MB



blog comments powered by Disqus