Vehicle sales of the two-wheeled variety are booming in Australia, with the motorcycle market expecting a significant sales increase for the fifth consecutive year.
According to the Federal Chamber of Automotive Industries (FCAI), combined sales of motorcycles, scooters and ATVs topped 91,663 this year representing a 10 percent increase over the same period last year.
Road bike sales to September alone have already topped 2006 sales figures by an incredible 20.8 percent.
FCAI Chief Executive Andrew McKellar credits the rise to the surging national economy and two particular purchasing trends.
“These two-wheelers are popular for two very different reasons: whilst scooters are primarily purchased for urban mobility, cruisers are chosen essentially for recreational purposes”
According to the FCAI, riders in their forties and fifties are repurchasing cruisers due to a higher level of disposable income. The most popular of which being the Harley Davidson’s FLSTF Fat Boy, with 722 sold.
In the Road Bike segment, Honda leads the market with 7,171, followed by Harley-Davidson with 5,102 and Suzuki with 4,938.
This year the combined motorcycle market is expected to break sales record, with sales predicted to exceed 130,000 units for the first time.