US Motorcycle sales are “at an all-time-record high” for all brands and all styles with some dealers noting increases of 50 percent over last year, according to an industry group.
"Sales are at an all-time-record high, all brands, all styles," said industry consultant John Wyckoff. His claims are based on a weekly monitoring of 60 dealerships, where he alleges all are 10 to 50 percent ahead of last year in sales. Wyckoff said. "It's a phenomenon I don't really understand. It's just amazing."
According to the Motorcycle Industry Council, sales of new motorcycles rose 6.4 percent to 996,000 in 2003. Overall, the association's latest estimates show the industry generating more than $20 billion in consumer sales and services, including around $7.5 billion in retail sales of new motorcycles.
The booming sales are in part attributed to high fuel prices.
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