New Moto Guzzi Door Mats Available Now
Consumer confidence is dismal right now. But I was in Blackman's Cycle, out in Emmaus Pa, on Saturday, and people were buying stuff like crazy, probably pre tariff and Spring weather related.
"Younger Folks" aren't buying motorcycles these days. They buy electric scooters, and even cooler electric unicycles! Most aren't even bothering to get a driver's license, what with the cost of cars, fuel, insurance, parking, on and on. Uber seems to work just fine for the urban under 40 set. Can't say I blame them.
I wonder.... sales went crazy '21-'23. Well, at least the dealer show rooms were bare. Side-by-sides were impossible to get. Camper trailer trailers were also way up. Etc. And much of the pricing went up, as well.
What was the age range of those spending money last Saturday? Confidence for those 55 and over and those making less than $125k is down, but people under 35 making good money have high confidence. I'm sure stock market volatility is spooking older folks with large 401k investments. Younger folks with good jobs are living life.Problem with the motorcycle industry is a lot of their customer base is well past 55 these days, and those folks spend less and less money on powersports toys as they grow older.
The Asian makers seemed to have given up trying to compete with HD in head to head. As you point out most still have a couple HD centric cruisers, but they are no longer trying to gain a sizable part of that market. In fact, other than Indian, who has had limited success, no other manufacture has been able to crack the stranglehold that HD has.