1. Breakdown Insurance (26)
  2. Car Insurance UK (385)
  3. Credit Cards (55)
  4. Home Insurance UK (236)
  5. Loans UK (123)
  6. Mortgages (150)
  7. Bike Insurance (31)
  8. Pet Insurance (11)
  9. Savings Accounts (114)
  10. Travel Insurance UK (252)
  11. Utilities (36)
  12. Van Insurance (46)
  13. Caravan, Motorhome and
     Campervan Insurance (7)


Archive
July 2008 (41)
August 2008 (49)
September 2008 (52)
October 2008 (49)
November 2008 (56)
December 2008 (56)
January 2009 (60)
February 2009 (57)
March 2009 (54)
April 2009 (53)
May 2009 (54)
June 2009 (60)
July 2009 (57)
August 2009 (57)
September 2009 (23)
October 2009 (24)
November 2009 (16)
December 2009 (16)
January 2010 (21)
February 2010 (14)
March 2010 (15)
April 2010 (19)
May 2010 (18)
June 2010 (17)
July 2010 (20)
August 2010 (20)
September 2010 (22)
October 2010 (30)
November 2010 (24)
December 2010 (32)
January 2011 (28)
February 2011 (29)
March 2011 (27)
April 2011 (28)
May 2011 (28)
June 2011 (31)
July 2011 (27)
August 2011 (27)
September 2011 (25)
October 2011 (24)
November 2011 (31)
December 2011 (29)
January 2012 (25)
February 2012 (9)

Search Articles


Subscribe to RSS newsfeed RSS Newsfeed
 
MCI optimistic about motorcycle industry growth
  
15th April 2010
0 comments 0 comments | 1096 views 1096 views
  

The Motorcycle Industry Association (MCI) is keen to get new riders onto the roads in Britain.

At present the motorcycle industry has a significant impact on the wider UK economy creating annual sales of £5.2 billion, states a new MCI survey, with the expansion of the market offering opportunities for even more revenue for the sector through bike insurance and sales.

New sports bike insurance customers will be looking forward to the Get On campaign that provides free motorcycling sessions for beginners.

The event may go some way to correct statistics that put Britain among the countries with the lowest level of bike ownership, at 22 motorcycles per 1000 people.

There are approximately 1.4 million motorcycles and 1.5 million motorcyclists in the UK and the number of licensed motorcycles has increased by 50 per cent since 1999 and 100 per cent since the mid 1990s.

Innovations in research and development focussed on convenience and low-carbon technology that can boost bike sales, the report suggested.

Triumph, the UK's largest automotive manufacturer was the only European motorcycle manufacturing company to have recorded any growth in 2009.

UK registration statistics show that Triumph sold 25 per cent more new motorcycles in the UK in the first 11 months of 2009 compared to the same period in 2008, reflecting an increase of nearly 1,500 motorcycles.

There has been an improvement in the entry-level sector as the registration figures for March 2010 show an increase in the number smaller capacity bikes in the 50 – 125cc range.

Steve Kenward, MCI's CEO, said: "We know there is great potential to bring new riders on board and expand our existing customer database to a younger and more diverse group of people."

Motorcycle tours have also become more popular. GlobeBusters, which runs organised motorcycle tours around the world, now has a turnover of £500,000 per annum.

GlobeBusters recently announced their Silk Road, London to Beijing motorcycle expedition that will have bike insurance customers come fact-to-face with unpredictable challenges across a 12,000 mile journey.

Statistics published by the Department for Transport state that motorcycling accounts for less than one per cent of the vehicle traffic in Britain but riders suffer 14 per cent of total deaths and serious injuries on Britain's roads, suggesting motorbike insurance customers may need to exercise more caution.

Compare prices from lots of motorcycle insurance websites with our bike insurance quote system. ADNFCR-1789-ID-19720663-ADNFCR


      Print

Related Articles
Training 'could reduce bike insurance claims'
25th July 2009
Daredevil 'not the most average bike insurance customer'
5th August 2009
Bike insurance customers 'benefit from lower costs'
30th June 2009
Yamaha offers test rides on XT1200Z Super Tenere
3rd March 2011
Event 'could reduce bike insurance claims'
18th June 2009


User comments on this article


No comments on this article yet.
You can share your comments using the form below




Add your comments about this article:
Name:
Email: (will not be published)
Title:
Comment:
(max 1000
characters)
Security
code:
  (write the code into the box; case insensitive)
(If you can't see the image/code, click here or on the image)
 
QuoteZone Bike Insurance


Quotezone
Copyright © 2012 Quotezone.co.uk