2007 bike sales up 23% on car sales

Good news for us - bad news for the car industry - down 23%

NEW motorcycle and scooter sales were up in October by four per cent on the same month last year, according to the Motor Cycle Industry Association.

The figures are a contrast to the 23 per cent decline in car sales announced last Thursday. A total of 11,408 mopeds, scooters and motorcycles were registered in October, making total registrations of PTWs for the first 10 months of this year 125,494.

"The motorcycle industry is not immune to the economic downturn, but the resilience of the market this year reinforces the fact that PTWs are more relevant than ever," said MCI acting chief executive Steve Kenward. "As people look for ways to reduce the costs and hassles of travel, they are realising that motorcycles are an efficient, low-cost option, and enable you to arrive with a smile on your face."

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