PDA

View Full Version : US motorcycle industry on track for 12th year of growth



Bob
20th November 2004, 00:47
According to Motorcycle Industry Council estimates, year-to-date sales mark the 12th consecutive year of growth for the United States motorcycle market.

24 percent more units have been sold in the last four years than in the entire preceding decade (1990-1999).

"Our industry's 12-year growth cycle is nothing short of spectacular," said MIC President Tim Buche.

In 2003, strong demand generated new unit motorcycle sales of more than 996,000 units, up from 936,000 in 2002. If the current growth rate continues, MIC estimates that new unit sales for motorcycles could top 1 million units by year-end 2004.