Motorcycle market has had the best quarter in eleven years

By Redação AutoIndústria | 4/13/23 | Translated by Jorge Meditsch

As light and heavy vehicle markets keep sliding, motorcycles maintain the recovery trend in Brazil. The manufacturers located at Manaus Industrial Pole (PIM) produced 152,450 units in March, 11.8% more than in the same month last year (136,350) and 25.3% over February (121,703).

According to data released by Abraciclo this Thursday, 4/13, 397,070 motorcycles were made in the country in the first quarter, a 21.4% increase compared to the first three months in 2022 (327,139). “It was the best production volume since 2014 and the best quarter for sales in the last 11 years”, celebrated Marcos Antonio Bento, the association’s new president.

“We should keep the increasing trend in the next months and, therefore, balance offer and demand. After three years of facing difficulties in the assembly lanes, the manufacturers can operate normally, without production halts. We are gradually reducing the wait lanes for low-displacement models”.

Abraciclo keeps its projection of 1,550,000 motorcycles produced his year, 9.7% more than in 2022 (1,413,222).
As Fenabrave had already revealed, 357,209 units were delivered by dealers, a 30% increase over 2022 (274,673). It is the best result since 2012, when 442,512 units were licensed.

According to Abraciclo, the Street category led the delivery ranking in March with 73,358 units licensed, a 51.6% share. The PIM plants shipped 10,276 motorcycles abroad in the trimester, a 2.9% fall from the same period in 2022 (10,587 units). Argentina is the main Brazilian motorcycle purchaser, followed by Colombia and the United States.

Illustration: Pixabay