1978-1987 --- Motorcycle Sales Decline


The motorcycle market was timed spot on for the baby boomer generation. In 1944-46, servicemen (and women) were returning from World War II and has a thirst for life and living and wanted to do more than settle down. Motorcycles were popular in WWII and people wanted to try them, and they did and they sold in good numbers. But it was not untill the 1960's when their kids grew up that motorcycling took off like a rocket. 1962 argueably the most famous and successful motorcycle campaign was launched on earth from Honda and it changed everything. The “You meet the nicest people on a Honda” ads took North America by storm! In just 3 years (1965), the number of registered motorcycle doubled, 5 years later (1970) doubled again, and 5 more years in 1975 doubled again! From 646,000 to 5 million in just over 10 years, thank you Honda!

So to fully understand the BUST you need to understand the BOOM. For argument sake the average motorcycle buyer in 1962 was 16-18 years old, they were happy with the cheap 50-450cc motorcycles of the time. Roads were being expanded on a massive scale across North America as years propressed. They gained riding experience and wanted to go faster and futher than the small bikes would let them. So they moved up to larger motorcycles as they grew older such as the 1969 Honda CB750K (750cc) and thus sales increased again. As the 1970's were here, even larger and more specialized motorcycles were produced and again they bought. Standard motorcycled ruled the earth.

Unfortunately, as the 1970's grew to a close the motorcycle industry was suffering as sales dropped drasticly. Those 16-18 year olds in 1962 were now wanting to start families, settle down and raise their own kids. Their spirit of adventure was put on the back burner. They stopped buying and Motorcycle manufacturers started to panic. Motorcycle magazines from the time (1979-1983) and manufacturers didn't know the cause (we do today) and it was spelling DOOM for the motorcycle industry. The manufacturers even tried new designs such as the Cruiser, Tourer and Sport Bike, but few were listening. New motorcycles sat on the sales floor for years, dealerships didn't want to order more because they couldn't sell what they had already (even with very steep discounts). The manufacturers needed to sell what they had too many of and discounted new motorcyles lower than the previous year(s) models. It was bad...

That is why it is hard to find a good used 1980-1988 motorcycle.

0 comments:

blogger templates | Make Money Online