In ten months, more than 1.3 million motorcycles were produced

By Redação AutoIndústria |11/14/23 | Translated by Jorge Meditsch

The Manaus Industrial Pole motorcycle manufacturers produced 1,323,004 units until October, 10.4% more than last year (1,198,889).

The data released this Tuesday, 11/14, by Abraciclo, the Brazilian association of motorcycles, bicycles and similar manufacturers, point that the sector shall end the year with the 10% growth estimated in January despite the hurdles due to the drought in Manaus that has hampered the arrival of parts in the plants.

“The industry is operating according to the planned and maintains the production pace to meet the market demand, which keeps growing”, asserted Abraciclo’s president, Marcos Bento, recalling that the goal is to reach 1.56 million motorcycles in 2023.

October’s production reached 131,331 units, 4.4% less than in 2022 (137,346 units) and 6.4% under September (140,251). The reduction is due to October’s fewer working days, according to Abraciclo.

Due to the draught, some manufacturers decided to anticipate to November the end-of-year vacations, like Yamaha and Kawasaki. Honda, the largest manufacturer, is adopting logistics options to maintain production up to the end of the year.

Retail in a high

As Fenabrave had foreseen, from January through October, 1,318,721 motorcycles were licensed, a 19.2% growth over the 1,106,523 sold in the same period in 2022. It is the best result since 2012, when 1,377,618 motorcycles were delivered.

The expectation is to close 2023 with 1,511,000 deliveries, a 10.9% increase over 2022 (1,361,941).