Motorcycle registrations, concerning both small and large vehicles, are on the rise, occupying a significant part of the market.
According to CySTAT data, motorcycle registrations for vehicles of over 50 cubic centimeters (cc) in the period January – July 2024 increased by 6.1%, reaching 2,218, compared to 2,090 in the corresponding period last year.
At the same time, registrations of mopeds under 50cc increased to 480 compared to 162 during the same period in 2023.
Motorcycle registrations > 50cc
In the first seven months of 2024, SYM remained at the top of motorcycle registrations of vehicles larger than 50cc, with 338 registrations.
They are followed by Yamaha, with 277, Honda, with 221, Piaggio, with 167 and Kymco, with 147.
The relevant list also includes brands such as Benelli (73), Suzuki (71), BMW (70), Voge (65), KTM (64) and CF Moto (63).
It is noted that the vast majority of motorcycles over 50cc registered in the first seven months of 2024 (91.2%) were new models.
Registrations of mopeds < 50cc
As for mopeds of under < 50cc, of the 480 registrations in the seven months, Niu accounted for 215 (rental motorbikes), Sunra for 98 and Golden Lion for 18.
56% of the mopeds registered in the period January – July 2024 were new and 44% were used.
(Source: InBusinessNews)