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Motorcycle sales showing signs of picking up after two-year slump

“Motorcycle sales have been on the skids for some time, but things may be looking up. If the first quarter of 2011 is any indication, Las Vegas streets may soon echo with the sound of screaming eagles as more riders take to two wheels to beat rising commute costs or just for the joy of it.

Garythompson

In 2009, 655,000 motorcycles were sold nationwide, a drastic fall from the previous six years, during which more than 1 million cycles annually moved off lots. In 2010, though, the numbers dropped even more when annual sales fell to 440,000 nationwide.

According to the Motorcycle Industry Council, which represents power sports manufacturers, street bike purchases increased 7 percent in the first quarter of 2011 compared with the same quarter a year earlier. Sales of scooters and dual-sport models increased 50 percent and 24 percent, respectively.”

Read the full, original post @ lvrj.com

(Via .) Motorcycle sales showing signs of picking up after two-year slump – Business – ReviewJournal.com

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