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NADAguides Motorcycle & ATV Industry Update May – June 2013 1 Copyright 2013, NADAguides, Inc.

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Page 1: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

NADAguides Motorcycle & ATV Industry UpdateNA Aguides Motorcycle & ATV Industry Update

May – June 2013

1Copyright 2013, NADAguides, Inc.

Page 2: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

Industry OverviewMany dealers still haven’t turned sales around from the slow winter...  y f

2Copyright 2013, NADAguides, Inc.

Page 3: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

Industry Overview…

As we move from spring to summer on road motorcycles gain popularity and are anticipated to be the topAs we move from spring to summer, on‐road motorcycles gain popularity and are anticipated to be the top sellers for most dealers. Figure 1.1 indicates that dealers believe Cruisers will be their best selling segment, with Sport, Touring, and Dirt following close behind. 

Dealer Opinion of Best Selling Segments

20%

25%

30%

nden

ts

Dealer Opinion of Best Selling Segments 

5%

10%

15%

20%

Percen

tage

 of R

espo

n

0%

5%

Sport  Touring  Cruisers Standard  MX Sport ATV

Percentages produced by dividing total number of responding 

Figure 1.1

Source:  NADAguides, Inc.g p y g p g

members by number of members responding with a specific segment they anticipate selling well in the next 60‐days.

3Copyright 2013, NADAguides, Inc.

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Industry Overview…

Figure 1 2 reflects purchases within the last 60 days 72% of dealers responded that the majority of theirFigure 1.2 reflects purchases within the last 60 days. 72% of dealers responded that the majority of their sales were new units; whereas, 28% indicated they sold more used units than new. Many qualifying consumers are taking advantage of aggressive incentives offered by OEM’s. It has been reported that financing has loosened up and consumers have more faith in the economy. 

New Versus Used Units  as Majority of Overall Sales

28%Used

72%New

Figure 1.2

Percentages produced by dividing the number of dealers responding that new or used units made up the majority of sales within the previous 90 days, by the number of total respondents. 

Source: NADAguides, Inc.

4Copyright 2013, NADAguides, Inc.

Page 5: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

Industry Overview…

Previously, 60% of dealers believed that sales would be about the same this year as the previous, this has shifted drastically to 32%. Figure 1.3 shows this shift of people who now believe that this selling season has been worse than last year. Based on conversations with dealers, this is due to the late winter and destructive storms experienced in many areas. 

45%

Recent Sales As Compared To This Time Last Year

20%

25%

30%

35%

40%

ent o

f Respo

nden

ts

0%

5%

10%

15%

Better About The Same Worse

Perce

Figure 1.3

Better About The Same Worse

Percentages produced by dividing total number of responding dealers by the number of dealers responding that conditions are better, about the same, or worse.

Source: NADAguides, Inc.

5Copyright 2013, NADAguides, Inc.

Page 6: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

NADAguides Data Overview

6Copyright 2013, NADAguides, Inc.

Page 7: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

Data Overview…

The charts shown in Figures 1.5 and 1.6 reflects, by industry segment, where the trade‐in values were too low, about right, or too high, as compared to their local market area. 

NADAguides Powersports Rough Trade‐In Values

82%89% 87%

82% 79% 82%

Too Low About Right Too High

16%11%

16%21%

17%

2% 0% 3% 2% 0% 1%

11% 10%

Sport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's  Dirt Bikes

Segment of the Industry

This chart reflects where responding members felt the guidebook values within

Figure  1.5 

This chart reflects where  responding members felt the guidebook values within each segment fell with respect to their local market areas.  Source: NADAguides, Inc.

7Copyright 2013, NADAguides, Inc.

Page 8: NANA AguidesDAguides Motorcycle ATV Industry Updateimages.nadaguides.com/Market-Insights/2013/PSGuidelinesMayJun13.pdfSport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's Dirt

Data Overview…

The charts shown in Figures 1.5 reflects, by industry segment, where the trade‐in values were too low, about right, or too high, as compared to their local market area. 

NADAguides  Powersports Clean Trade‐In Values

80%86% 85% 88%

78% 80%

Too Low About Right Too High

18%14%

22% 19%

2% 0%4% 2% 0% 1%

14% 11% 10%

Sport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's  Dirt Bikes

Segment of the Industry

This chart reflects where responding members felt the guidebook values

Figure 1.6 

This chart reflects where  responding members felt the guidebook values within each segment fell with respect to their local market areas.  Source: NADAguides, Inc.

8Copyright 2013, NADAguides, Inc.

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Data Overview…

NADAguides Powersports Average Retail Values

The charts shown in Figures 1.7 reflects, by industry segment, where the retail values were too low, about right, or too high, as compared to their local market area. 

87% 90% 88% 90%

81% 83%

Too Low About Right Too High

19% 16%

2% 0%4% 1% 0% 1%

11% 10% 8% 9%

Sport Bikes Touring Bikes Cruisers Utility ATV's Sport ATV's  Dirt Bikes

Segment of the Industry

This chart reflects where responding members felt the guidebook values

Figure 1.7

This chart reflects where  responding members felt the guidebook values within each segment fell with respect to their local market areas.  Source: NADAguides, Inc.

Copyright 2013, NADAguides, Inc.9

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Outside Influences

10Copyright 2013, NADAguides, Inc.

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Fuel Prices

A view of the national average gas price and regional year over year change over the last year, is supplied to provide support to longer‐term strategic planning. 

11Copyright 2013, NADAguides, Inc.

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Economic Drivers

Economic Factors: Two important factors affecting the powersports market today are the unemployment rate and consumer confidence. These factors can be interpreted to represent the consumer’s ability and willingness to make a new or used motorcycle or ATV purchase. 

12Copyright 2013, NADAguides, Inc.

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Contacts

PublisherDon Christy Jr. 

[email protected]

Assistant PublisherRobin Rae Lewis

Editorial DirectorLen Sims

[email protected]

Managing EditorSherrie Clevenger

[email protected]

Market Data AnalystMarket Data AnalystAlex Lezama

[email protected]

Market Data AnalystBrett Boyer

[email protected]

NADAguides makes no representations about future performance or results based on the data and the contents available in this report (“Guidelines”). Guidelines is provided for informational purposes only and is provided AS IS without warranty or guarantee of any kind. By accessing Guidelines via email or the NADAguides.com website, you agree not to reprint, reproduce, or distribute Guidelines without the express written permission of NADAguides.

13Copyright 2013, NADAguides, Inc.