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Domestic motorcycle market continues to fall in Jan

iconMar 6, 2019 16:06
Source:SMM
In Jan, domestic production of motorcycles totalled 1.15 million units, down 14.35% from Dec

SHANGHAI, Mar 6 (SMM) – China's motorcycle market continued to drop with both production and sales extending their declines in January, showed the latest data from the China Association of Automobile Manufacturers (CAAM). 

In January, domestic production of motorcycles totalled 1.15 million units, down 14.35% from December and down 22.7% from January 2018. Overall sales in January shrank 11.97% on the month, and dipped 20.73% on the year, to stand at 1.17 million units. 

CAAM data also showed that domestic production of motorcycles came in at 15.58 million units in 2018, down 9.15% from 2017, and overall sales shrank 9.13% year on year to 15.57 million units. 

China's tougher vehicle emission standards upgraded product structures of motorcycles, but lowered overall production and sales of the vehicle, SMM learned. 

Production data
Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market exchanges, and relying on SMM's internal database model, for reference only and do not constitute decision-making recommendations.

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