How the motorcycle market closed in 2024: a foreign company led sales by brands and models

How the motorcycle market closed in 2024: a foreign company led sales by brands and models

The Japanese brand Sling once again led the ranking of best-selling brands and modelsfollowed by the national Motomel and Corven.

The data was prepared by the Motorcycle Division of the Association of Automotive Dealers of the Argentine Republic (ACARA) and reflects that in the country More motorcycles than cars were sold for the fourth consecutive year.

The entity reported that the number of patented units during December 2024 was 49,223 motorcycle vehicles, that is an interannual increase of 49.2% since in December 2023 33,001 units had been registered.

However, that year-on-year jump of 49.2% that was recorded in December It was not enough to reverse the sharp declines that had been recorded in the first half of the year, when there were months with falls that exceeded 40% year-on-year, as was the case in March 2024.

If the comparison is made against November a decrease of 1.9% is observedsince in November 50,172 units had been registered.

“Despite starting 2024 with a drop close to 30%, the market showed a significant recoveryreturning to 2023 levels. We hope to close the year with a figure close to 500,000 unitsa reflection of the joint effort of the sector and the renewed confidence in the market,” said the president of the Chamber of Motorcycle Manufacturers of Argentina (Cafam), Lino Stefanuto, shortly before the closing of the report.

The market expects that in 2025 an increase in motorcycle sales of more than 25% is recorded in relation to the 2024 figures, given that they anticipate that there will be greater availability of financing options for the purchase of this type of low-cost vehicles and more model options due to the opening of imports promoted by the national government.

What were the best-selling motorcycle brands and models in 2024?

In terms of participation, Honda continued to lead the market with 9,013 units, followed by Motomel, with 7,676, and Corven was third, with 5,034. Gilera appeared in fourth place in December, with 4,947, dropping one position, and Keller entered the top five with 4,103 and displaced Zanella, from that position.

THE 10 BEST SELLING BRANDS.JPG

The 10 best-selling motorcycle brands in December 2024.

There were also changes regarding the most patented model, which continued to comfortably lead the Honda Wave 110, historical leader of the segment. This model was the best-selling vehicle in the country, even doubling the units sold of the Peugeot 208, which led the patent ranking in 2024.

THE 10 BEST SELLING MODELS IN DECEMBER.JPG

The 10 best-selling motorcycle models in December 2024.

The 10 best-selling motorcycle models in December 2024.

In second place was the Motomel B110. And the news was that the Keller KN 110-8, which was fifth, jumped to third place. In the fourth step was the Gilera Smash, and the Corven Energy 110 by Corven, came in fifth place.

Source: Ambito

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